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The EURUSD price confirms the breach – Forecast today - 15-05-2024
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The EURUSD price confirms the breach – Forecast today - 15-05-2024
May 14, 2024 9:27 PM

EURUSD Price Analysis Expected Scenario The EURUSD price confirmed breaching 1.0795$ level after closing the daily candlestick above it, to turn to rise and build bullish wave on the intraday basis, targeting testing 1.0875$ initially, noting that breaching this level will push the price towards 1.0975$ as a next main station. Therefore, the bullish bias will be suggested for today, supported by the EMA50 that carries the price from below, noting that breaking 1.0795$ will stop the expected rise and push the price to decline again. Expected Trading Range Between 1.0750$ support and 1.0910$ resistance.

Trend Forecast: Bullish

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