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The EURUSD price forecast update - 19-04-2024
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The EURUSD price forecast update - 19-04-2024
Apr 19, 2024 4:09 AM

EURUSD Price Analysis Expected Scenario The EURUSD price finds solid support at the 1.0615$ level, showing some bullish bias now, affected by stochastic positivity. It might head to test the key resistance at 1.0715$ before declining again. Outcome Description Until now, the bearish trend scenario still active as long as the mentioned resistance remains intact, supported by the EMA50.

Breaking 1.0615$ is required to open the way to head towards our first awaited target at 1.0520$.

Expected Trading Range Between 1.0520$ support and 1.0690$ resistance.

Trend Forecast: Bearish

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