The EURUSD price forecast update - 24-04-2024
Economies.com
2024-04-24 09:29AM UTC
Analysis of Expected Scenarios
- The EURUSD price begins to rebound bearishly after testing 1.0715$ level in the previous sessions, to support the continuation of the expected bearish trend for today, motivated by the negative overlapping signal provided by stochastic, reminding you that our next target is located at 1.0615$.
- Note that breaking the mentioned level will extend the bearish wave to reach 1.0520$ as a next negative station, while the expected decline will remain valid unless breaching 1.0715$ and holding above it.
The expected trading range for today is between 1.0620$ support and 1.0770$ resistance.
Trend forecast: Bearish
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