There have been no economic reports in the EUR zone due to Good Friday; however, the US is publishing Inflation Rate and Retail Sales.
The support rests at 1.06000 with resistance at 1.06300 which the weekly pivot point at 1.06190 is located in between the lines. The EMA of 10 is moving with bearish bias along the descendant channel but it is below the EMA of 100 and the EMA of 200. The RSI is falling below the 50 level, the Stochastic is moving in low ranges and the MACD indicator is in neutral territory. The ADX is showing sell signals.
EURUSD will continue its bearish trend towards the support area along Andrews’ pitchfork.

eurusd analysis