The Euro Dollar EUR/USD currency pair continues to move within a growing and bullish channel. Moving averages indicate a short-term bullish trend for the pair. Prices have broken above the signal lines, indicating upward pressure from buyers of the European currency and potential continued growth in the currency pair from current levels. At the time of publication of this forecast, the Euro to Dollar exchange rate is currently at 1.1758. As part of the Forex forecast for April 14, 2026, we expect an attempt at a bearish correction in quotes and a test of the support level located near 1.1705 on the EUR/USD pair. Subsequently, we expect an upward rebound in prices and continued growth momentum in the Euro Dollar currency pair. A potential target for such a move on Forex is above 1.1875.
EUR/USD Forecast Euro Dollar for April 14, 2026
An additional signal in favor of a growth scenario for the EUR/USD currency pair tomorrow will be a rebound from the support line on the RSI indicator. A second signal in favor of this scenario will be a rebound from the lower boundary of the bullish channel. A price decline and a breakout of 1.1655 will cancel the upward scenario for the EUR/USD currency pair tomorrow. This will indicate a breakout of the support area and a continuation of the price decline to 1.1465. Confirmation of the growth in the EUR/USD currency pair should be expected with a breakout of the resistance area at 1.1775, which will indicate a breakout of the upper boundary of the bullish channel, signaling growth by the channel’s width.
EUR/USD Forecast Euro Dollar for April 14, 2026 suggests an attempt to develop a bearish correction in currency quotes with a test of the support level near 1.1705. Where should we expect an upward rebound in the Euro/Dollar currency pair and an attempt to continue the instrument’s growth on the Forex market, targeting 1.1875? An additional signal supporting this scenario would be a rebound from the support line on the relative strength indicator (RSI). A decline in the EUR/USD pair and a breakout of 1.1655 would cancel the upward trend. This would indicate a breakout of the support zone and a continued decline in the currency pair on Forex toward 1.1465.
