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22.04.201907:58 Forex Analysis & Reviews: Forecast for EUR / USD pair on April 22, 2019

Long-term review

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EUR / USD pair

On Friday, the markets were trading in small volumes. The volatility was reduced due to the beginning of the Catholic Easter weekend. Today, European markets are also closed but the US marketplaces will operate. The price is kept below the MACD line at 1.1252 on the daily chart while the price is also below the balance lines and MACD on the four-hour chart. We are waiting for the gradual decline of the euro towards the goal of 1.1155, which is the 110.0% Fibonacci reaction line.

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