The EURUSD price forecast update - 16-04-2024

Economies.com
2024-04-16 09:48AM UTC

EURUSD Price Forecast

  • The EURUSD price finds good support at 1.0600$ barrier, to show some slight bullish bias, but as long as the price is below 1.0645$, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our waited targets begin at 1.0525$ and extend to 1.0450$.

The expected trading range for today is between 1.0520$ support and 1.0670$ resistance.

Trend forecast: Bearish

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