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The EURUSD price awaits the breach – Forecast today - 07-05-2024
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The EURUSD price awaits the breach – Forecast today - 07-05-2024
May 6, 2024 9:23 PM

EURUSD Currency Pair Analysis The EURUSD price continues to provide weak trades near the intraday bullish channels support line, waiting to get positive motive that assist to push the price to resume the bullish wave to breach 1.0795$ and confirm heading towards our next positive target at 1.0875$.

Therefore, the bullish trend scenario will remain valid and active, reminding you that it is important to hold above 1.0715$ to achieve the waited targets.

Expected Trading Range for Today Support: 1.0700$ Resistance: 1.0850$ Trend Forecast Bullish

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