EUR/USD technical analysis and forecast on April 6

Investors look forward to the publication of the Protocols of the Governing Council of the ECB and FOMC, and the EUR/USD in this background shows a decline.

EUR/USD technical analysis and forecast on April 6

EUR/USD continues to be traded as was predicted by a week forecast for EUR/USD. On the four-hour chart, the relative strength indicator continued to decline after the rebound from the resistance level, indicating a continuation of the “bearish” movement. Thus, the forecast for EUR/USD for April 6 provides a decrease in quotations with the first goal in the area of 1.1300.

 

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