The European currency was supported by the acceleration of the index of economic sentiment ZEW, but confidence “bulls” on EUR/USD was short-lived.
EUR/USD technical analysis and forecast on April 21
The EUR / USD showed the expected growth , but on the four-hour chart the relative strength indicator may still continue its upward movement to the resistance level . Euro-bulls above the level of 1.1350, but the forecast EUR/USD April 21, is expected to resume corrective movement with the main goal of the channel lower boundary.
