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The EURUSD price declines calmly – Forecast today - 22-05-2024
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The EURUSD price declines calmly – Forecast today - 22-05-2024
May 21, 2024 9:35 PM

EURUSD Price Analysis Expected Scenario The EURUSD price showed slight negative trades yesterday and is beginning with calm positivity today, influenced by stochastic positivity. The intraday bearish trend scenario remains valid, with the price expected to stay below $1.0876. We anticipate a visit to $1.0795 as the next main target. Breaking above $1.0876 and holding above it will halt the suggested bearish wave, leading the price to resume the bullish track within the bullish channel visible on the chart, targeting $1.0976 as the next positive station. Expected Trading Range Between the support at $1.0770 and the resistance at $1.0910.

Trend Forecast: Bearish

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