The European currency has renewed the local maximums with the growth up to the point 1.1437. The statistics publishing on the USA labor market showed the stability. The NFP came out stronger, than it was expected on the market, the dollar reacted by strengthening.
The EUR/USD day chart shows us, that the quotations growth is limited by the ascending channel top border. The Relative Strength Index is also testing the support level, which signalize the Euro rate falling. The EUR/USD FOREX forecast for the week 4-8 April considers that the correlation falling will keep up to the lower border of the trade channel, the goal level – 1.1000.
