The EURUSD price forecast update - 15-04-2024

Economies.com
2024-04-15 09:26AM UTC

EURUSD Price Analysis

Expected Scenario

  • The EURUSD pair shows additional positive trades, indicating a potential recovery in the upcoming sessions.
  • The positivity is influenced by stochastic indicators.
  • Waiting for negative momentum to push the price to resume the bearish wave, with the next target at 1.0525$.

Expected Outcome

The price is expected to resume the bearish trend.

Expected Trading Range

Between the support at 1.0560$ and the resistance at 1.0720$.

Trend Forecast: Bearish

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