April 16, 2026
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Tough decision on EUR/USD

The forex market is quite calm today after the tension in Ukraine faded as Russian President Vladimir Putin said he saw no need to use military force for now. For today I did not even try to open a position as I can forecast what will happen in the geopolitical frontier. Still I have a sell EUR/USD order at 1.3792 pending.

First support for EUR/USD at 1.3711

Second support for EUR/USD at 1.3685

Third support for EUR/USD at 1.3644

First resistance level for EUR/USD at 1.3778

Second resistance level for EUR/USD at 1.3819

Third resistance level for EUR/USD at 1.3845

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