First, a few words about the events of the past week:
- EUR / USD. Many traders complain of low volatility in the market. But, despite the pessimism Mario Draghi that he demonstrated after the ECB meeting on Wednesday, April 10, for the past week the euro was able to play the dollar around 100 points and go to the zone of very strong support / resistance level 1.1300, around which the pair started to move back in January 2015. The reason for this is likely a delay in Brexit.
As a result, the forecast proved correct, given that 40% of analysts, supported by 20% of the oscillators, signal an oversold. In their view, rebounding from support in the area of 1.1200, the pair had to go up to resistance 1.1255 and in case of a breakthrough, reach a height of 1.1300. What happened in reality;