The EURUSD price forecast update - 25-04-2024
Economies.com
2024-04-25 09:42AM UTC
The EURUSD price trades positively to attack 1.0715$ level and attempts to confirm breaching it, to hint heading to turn to rise for the rest of the day, noting that confirming the breach will push the price to achieve gains that target 1.0795$ areas.
Now, we prefer to stay aside until the price confirms its situation according to 1.0715$ level, noting that trading below it again will reactivate the bearish trend scenario that its first target located at 1.0615$.
The expected trading range for today is between 1.0620$ support and 1.0790$ resistance.
Trend forecast: Neutral
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