FX.co ★ Forecast for EUR / USD pair on March 15, 2019

On Thursday, the euro adjusted after the previous four days of growth, which dropped by 26 points. The movement was stopped on the MACD line on a four-hour scale. Hence, fixing the price below the line of 1.1294 will make it possible to consider the target of 1.1120 as the main scenario further develops. On the other hand, fixing the price above yesterday's high at 1.1338 relatively and above the line of the blue price channel of the daily chart will allow the price to rise further to the upper border of the red price channel at 1.1373.