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28.09.202205:08 Forex Analysis & Reviews: Forecast for EUR/USD on September 28, 2022

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The euro's consolidation at 0.9625 proved to be short-lived. Yesterday it closed under this level, which showed the price consolidating below it and revealed the euro's plan - to attack 0.9520 and try to reclaim 0.9404.

Exchange Rates 28.09.2022 analysis

The Marlin Oscillator has slightly corrected up and sideways, it is ready to continue its decline.

Exchange Rates 28.09.2022 analysis

On the four-hour chart, the price also looks fixed below the level of 0.9625, the Marlin Oscillator has discharged from the oversold zone, now it is ready to resume the local downward trend.

Laurie Bailey
Analytical expert of InstaForex
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