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The EURUSD price forecast update - 08-04-2024
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The EURUSD price forecast update - 08-04-2024
Apr 8, 2024 3:59 AM

EURUSD Price Analysis Expected Scenario The EURUSD price didnt show any strong move since morning, to continue fluctuating around 1.0840$. Stochastic continues to lose the positive momentum to reach the thresholds of the overbought areas. No change to the expected bearish trend for today, which depends on the price stability below 1.0860$ level. Our targets begin at 1.0765$ and extend to 1.0645$ after breaking the previous level. Expected Trading Range Between 1.0750$ support and 1.0900$ resistance.

Trend Forecast: Bearish

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