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End of day EURUSD price forecast update - 23-05-2024
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End of day EURUSD price forecast update - 23-05-2024
May 23, 2024 11:43 AM

The EURUSD price rebounds downwards clearly after retesting the broken support of the bullish channel, approaching our first waited negative target at 1.0795$, noting that the continuation of the decline and breaking this level will extend the bearish wave to reach 1.0714$, while the expected decline will remain valid unless breaching 1.0876$ and holding above it.

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