The EURUSD price forecast update - 22-04-2024

Economies.com
2024-04-22 09:10AM UTC

The EURUSD price didn’t show any strong move since morning, to remain stable around 1.0650$ level, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 1.0715$ level, supported by the negative pressure formed by the EMA50, reminding you that our targets begin by breaking 1.0615$ to open the way to head towards 1.0520$.

 

The expected trading range for today is between 1.0580$ support and 1.0725$ resistance.

 

Trend forecast: Bearish

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