Today, the attention of the market participants is focused on the ECB meeting’s results. The speech of the President of the European Central Bank Mario Draghi traditionally causes sharp fluctuations of the euro.
EUR/USD technical analysis and forecast on April 22
Thursday trades were quite volatile for the EUR / USD pair. Quotes showed a sharp increase to the 1.14 area, then we could also see a sharp drop. Relative Strength Index has come back to the neutral zone, but pointing down, satisfying the sellers of euro. The EUR / USD Forecast on 22 April considers a decrease in quotations from the first target at 1.1250 area. The main goal remains in the area of the low boundary of the ascending channel.
