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The EURUSD price forecast update - 21-03-2024
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The EURUSD price forecast update - 21-03-2024
Mar 26, 2024 12:19 AM

The EURUSD price faces negative pressure now to head towards potential test to the key support 1.0860$, affected by stochastic negativity, waiting to get positive motive that assist to push the price to resume the positive trades, as we suggest the domination of the bullish trend in the upcoming sessions unless breaking the mentioned support, reminding you that our targets begin by breaching 1.0960$ to rally towards 1.1080$.

On the other hand, we should note that the continuation of the decline and breaking 1.0860$ will put the price under additional negative pressure and turn the intraday track to decline.

The expected trading range for today is between 1.0840$ support and 1.1020$ resistance.

Trend forecast: Bullish

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