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The EURUSD price still below the broken support – Forecast today - 03-06-2024
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The EURUSD price still below the broken support – Forecast today - 03-06-2024
Jun 2, 2024 9:41 PM

EURUSD Price Analysis Expected Scenario The EURUSD price keeps its stability below the broken support of the bullish channel that appears on the chart, to keep the correctional bearish trend scenario active, waiting to break 1.0825$ level to confirm achieving our negative targets that start at 1.0785$ followed by 1.0713$. Stochastic provides negative signals that support the expected decline, which will remain valid unless the price rallied to breach 1.0895$ and hold above it. Expected Trading Range Between 1.0770$ support and 1.0910$ resistance.

Trend Forecast: Bearish

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