The EURUSD price forecast update - 26-04-2024

EURUSD Price Analysis

Expected Scenario

• The EURUSD price settles above 1.0715$ level, keeping the bullish trend scenario active for today.
• Supported by moving above the EMA50, waiting to visit 1.0795$ as a first target.
• Breaching 1.0795$ represents the key to rally towards 1.0875$ as a next target.
• It's important to hold above 1.0715$ to achieve these targets.

Expected Trading Range

Between 1.0660$ support and 1.0800$ resistance.