The EURUSD price broke 1.0765$ level clearly and closed the last four hours’ candlestick below it, reinforcing the expectations of continuing the domination of the bearish trend, opening the way to head towards our next target that reaches 1.0645$, noting that holding below 1.0765$ represents the first condition to the continuation of the expected decline.
Considering the current trends and indicators, we anticipate a downward movement in the stock price, targeting the significant support level of $473.36.
If the resistance level of $501.75 holds, it would support this bearish forecast.
Likely Bearish
Considering the current trends and indicators, we anticipate further gains in the stock price, targeting the pivotal resistance level of $38.60.
If the support level of $36.22 holds, it would support this bullish forecast.
Likely Bullish
Considering the current trends and indicators, we anticipate further gains in the stock price, targeting the resistance level of $57.65.
If the stock settles above $53.55, it would support this bullish outlook.
Likely Bullish