The EURUSD price forecast update - 18-04-2024

Economies.com
2024-04-18 11:08AM UTC

The EURUSD price shows more bullish bias to approach 1.0715$ level, and as we mentioned this morning, this level represents one of the next trend keys beside 1.0615$ support line, as the price needs to breach one of these levels to detect its next destination clearly.

 

Therefore, we will continue with our neutrality until now, while the details of the expected targets after the breach are explained in our morning report for the EURUSD price.

 

The expected trading range for today is between 1.0590$ support and 1.0770$ resistance.

 

Trend forecast: Neutral

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