EUR/USD, Friday, April 17, 2026 
The strengthening of the USD index yesterday dragged the major currency pair EUR/USD down away from the higher area at 1.18244. This morning, on the H4 timeframe, a candle appears to be swinging at the price level of 1.17817 near the dynamic support line of the blue EMA21, which is above the purple EMA50 and the orange EMA200. Meanwhile, the CCI14 indicator seems to be starting to move up, leaving the oversold zone. In general, the plan to SELL EUR/USD for today is still a very profitable trading option, by placing a stop loss at the higher area of 1.18244 and a take profit target at the support area of 1.17000.
