The EURUSD price forecast update - 02-04-2024

Economies.com
2024-04-02 09:40AM UTC

EURUSD Price Forecast

The EURUSD price didn’t show any strong move since morning, to remain stable around 1.0740$ level, thus, no change to the expected bearish trend scenario for today, which its next target located at 1.0645$.

  • We remind you that the continuation of the bearish wave depends on the price stability below 1.0765$, as breaching it represents the key to start recovery attempts and achieve gains that reach 1.0860$ initially.

The expected trading range for today is between 1.0650$ support and 1.0800$ resistance.

Trend Forecast

Bearish

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