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The EURUSD price forecast update - 14-05-2024
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The EURUSD price forecast update - 14-05-2024
May 14, 2024 3:36 AM

EURUSD Price Analysis Expected Scenario The EURUSD price shows calm negative trades, attempting to move away from the 1.0795$ level. This reinforces the expectations of continuing the bearish trend for the rest of the day, with the way open to achieve the first target at 1.0715$. Breaking it will extend the bearish wave to reach 1.0615$, while holding below 1.0795$ represents the key condition to the continuation of the expected decline. Expected Trading Range Between the support at 1.0700$ and the resistance at 1.0840$.

Trend Forecast: Bearish

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