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The EURUSD price is recovering – Forecast today - 13-09-2024
The EURUSD price shows more bullish bias to approach 1.1100$ level, and we suggest the continuation of the bullish bias to surpass this level and confirm the return to the main bullish track again, to head towards achieving new gains that start by visiting 1.1200$ areas.
Therefore, the bullish bias will be suggested for today, noting that breaking 1.1040$ will stop the expected rise and force the price to achieve more bearish correction.
The expected trading range for today is between 1.1020$ support and 1.1170$ resistance.
Trend forecast: Bullish
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The EURUSD price surpassed 1.1040$ level and settles above it, hinting heading to achieve more intraday gains, on its way to test 1.1100$ as a next positive station, noting that the continuation of the rise and breaching this level will stop the bearish correction will lead the price to resume the main bullish trend again, while the price needs to break 1.1040$ again to revive the bearish wave that its next target located at 1.0990$.
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