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The EURUSD price forecast update - 01-05-2024
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The EURUSD price forecast update - 01-05-2024
May 1, 2024 5:22 AM

EURUSD Price Analysis: Expected Scenarios The EURUSD price shows some slight bullish bias now, affected by stochastic positivity, but as long as the price is below 1.0715$, our bearish overview will remain valid for today, supported by the EMA50, reminding you that our next target is located at 1.0615$, which breaking it represents the key to rally towards 1.0520$ as a next negative target.

The expected trading range for today is between 1.0570$ support and 1.0720$ resistance.

Trend forecast: Bearish

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