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The EURUSD price faces solid resistance – Forecast today - 13-06-2024
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The EURUSD price faces solid resistance – Forecast today - 13-06-2024
Jun 12, 2024 9:45 PM

EURUSD Price Analysis Expected Scenario The EURUSD price's rally stopped at 1.0840$ level that formed solid resistance against the price, to show some bearish bias and approach testing the support base located now at 1.0795$, affected by stochastic negativity, waiting to resume the bullish wave and surpass the first level to open the way to extend the bullish wave towards 1.0915$ as a next main target. Therefore, we expect to witness positive trades in the upcoming sessions, noting that breaking 1.0795$ and holding below it will stop the suggested rise and push the price to decline again. Expected Trading Range Between 1.0730$ support and 1.0900$ resistance.

Trend Forecast: Bullish

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