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The EURUSD price draws positive pattern – Forecast today - 25-06-2024
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The EURUSD price draws positive pattern – Forecast today - 25-06-2024
Jun 24, 2024 9:51 PM

The EURUSD Price Analysis Expected Scenario The EURUSD price ended yesterday above 1.0720$ level, and by taking a deeper look at the chart, we find that the price is forming double bottom pattern that its confirmation line located at 1.0750$, which means that breaching this level will motivate the price to achieve more gains and head to visit 1.0840$ direct. Therefore, we expect to witness positive trades in the upcoming sessions depending on the formation of the mentioned positive pattern, noting that breaking 1.0675$ will stop the expected rise and push the price to decline again. Expected Trading Range Between 1.0670$ support and 1.0820$ resistance.

Trend Forecast: Bullish

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