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The EURUSD price forecast update - 12-09-2024

Economies.com
2024-09-12 09:29 UTC

The EURUSD price shows weak sideways trades since morning, waiting to get negative motive that push the price to resume the correctional bearish trend, which targets 1.0990$ followed by 1.0940$ levels as next negative stations, reminding you that the double top pattern has additional negative targets on the longer-term basis, while the bearish trend will remain valid and active unless breaching 1.1040$ followed by 1.1100$ levels and holding above them.

 

The expected trading range for today is between 1.0930$ support and 1.1080$ resistance.

 

Trend forecast: Bearish

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