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FX.co ★ Forecast for EUR/USD on April 28, 2021

Forecast for EUR/USD on April 28, 2021

EUR/USD

The euro's situation has not changed over the past day. After an attempt to decline, this morning the price is found at the opening levels of Tuesday. Obviously, investors were waiting for the Federal Reserve meeting, which will happen today. The Marlin oscillator dropped a little more on the daily chart, the target along the MACD line at 1.1980 began to stand out more visually.

Forecast for EUR/USD on April 28, 2021

The price could not settle under the MACD line on the four-hour chart, the Marlin oscillator got stuck on the border of the bears' territory. Pushing the price to settle below 1.2070 opens the target at 1.1980.

Forecast for EUR/USD on April 28, 2021

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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