FX.co ★ Forecast for EUR/USD for April 2, 2019

EUR/USD

With the opening of the new week, the euro once again tested the benchmark level of 1.1234, but the attempt was uncertain, and the day closed just below the opening price. On the four-hour chart, the signal line of the oscillator marlin has moved to the decline trend zone, now there is not a single sign of the indicator for a possible increase. We look forward to the euro's further decline to the targets defined by Fibonacci levels: 1.1155 - 110.0%, 1.1075 - 123.6%, 1.0985 - 138.2%. The basic branch of the Fibonacci grid is taken at extremes on September 24 and November 12, 2018.