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The EURUSD price forecast update - 30-05-2024
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The EURUSD price forecast update - 30-05-2024
May 30, 2024 3:50 AM

EURUSD Price Analysis Expected Scenario The EURUSD price trades with clear positivity now to approach testing the initial resistance 1.0825$, which urges caution from the upcoming trading, as continuing the rise and breaching 1.0840$ will cancel the negative formation mentioned this morning and push the price to return to the bullish channel again. Therefore, we will keep our bearish overview conditioned by the price stability below 1.0840$, reminding you that our next main target reaches 1.0713$. Expected Trading Range Between 1.0710$ support and 1.0850$ resistance.

Trend Forecast: Bearish

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