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The EURUSD price attempts to recover – Forecast today - 22-04-2024
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The EURUSD price attempts to recover – Forecast today - 22-04-2024
Apr 22, 2024 12:31 AM

EURUSD Price Analysis Expected Scenario The EURUSD price shows calm positivity, testing the EMA50 as minor resistance. Stochastic indicates a loss of positive momentum, suggesting a potential resumption of the bearish trend. Initial targets for the expected bearish trend start with a break below $1.0615, aiming for $1.0520. Above $1.0715, the decline scenario may be invalidated, with potential recovery targets around $1.0795. Expected Trading Range Between $1.0580 support and $1.0725 resistance.

Trend Forecast: Bearish

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