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The EURUSD price forecast update - 12-04-2024
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The EURUSD price forecast update - 12-04-2024
Apr 12, 2024 4:27 AM

EUR/USD Pair Price Analysis Expected Scenario The EUR/USD pair resumes its negative trading clearly to succeed reaching our waited target at 1.0645$, and we suggest surpassing this level to open the way to achieve additional negative targets that start at 1.0525$ and extend to 1.0450$ mainly. Therefore, the bearish bias will remain dominant in the upcoming sessions unless the price rallied to breach 1.0765$ and hold above it. Expected Trading Range Between 1.0600$ support and 1.0720$ resistance.

Trend Forecast: Bearish

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