FX.co ★ Forecast for EUR/USD on March 15, 2022

Yesterday's result showed that investors are still not ready to prematurely buy dollars before the Federal Reserve meeting. The current situation on the daily scale looks neutral - the price has been staying near yesterday's closing price all morning and the Marlin Oscillator has a growing corrective character, that is, we do not expect a fall today, there may be a slight increase that does not exceed yesterday's high.

On the four-hour chart, the price has consolidated above the MACD indicator line and is using it as a support, the Marlin Oscillator is already emphatically neutral – it is moving sideways along the zero line. A slight rise in the euro is likely as investors expect tomorrow's Fed rate hike.