The European currency has ignored the “hawkish” statements by representatives of the ECB and continued the decline in the pair EUR / USD.
“Bears” on the EUR / USD pair are hold only by the indecision of the Fed. The focus of the Federal Reserve on international events is still pressing the US dollar.
EUR/USD technical analysis and forecast on April 15
Currency pair EUR / USD has demonstrated the rapid decline after the consolidation. On the four-hour chart the RSI slowed the fall, which means that the quotations consolidation are close to the level 1.1300. The next goal for the EUR / USD reduction is at 1.1150 level. The EUR / USD FOREX Forecast on 15 April 14, 2016 assumes a resumption of the decline.
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