The EURUSD price needs negative motive – Forecast today - 25-04-2024
Economies.com
2024-04-25 04:07AM UTC
Expected Price Scenarios
- The EURUSD price continues to fluctuate near 1.0715$ level, still below it, keeping the bearish trend scenario valid.
- The target for the bearish trend is testing 1.0615$ as a first station, with a reminder that breaking this level will push the price towards 1.0520$.
- Breaching 1.0715$ will stop the suggested bearish wave and lead the price to attempt to recover and achieve positive targets, starting by visiting 1.0795$ areas.
The expected trading range for today is between 1.0620$ support and 1.0770$ resistance.
Trend Forecast: Bearish
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