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21.07.2025 04:59 AMOn Friday and this morning, the price has been supported by the balance line. A breakout above the July 18 high would mark a clear confirmation of this support, with the price likely heading toward the target range of 1.3825/60, formed by the highs of April 14 and May 29.
The price also stayed within this range between April 17 and May 2. The Marlin oscillator is rising in positive territory, supporting this (main) scenario.
An alternative scenario allows for a pullback toward the lows of June 16 and July 3, around the MACD line at 1.3565.
On the four-hour chart, the price is gradually rising above both the balance and MACD lines. The Marlin oscillator is in positive territory. The trend is upward. The MACD line near the 1.3685 mark serves as support. A consolidation below it may trigger a decline toward 1.3565.
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*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
