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The EURUSD price needs strong negative motive – Forecast today - 28-03-2024
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The EURUSD price needs strong negative motive – Forecast today - 28-03-2024
Mar 28, 2024 12:20 AM

EURUSD Price Analysis Bearish Scenario The EURUSD price fluctuates with slight negativity. Attempts to move away from the broken neckline of the double top pattern. Falling under negative pressure formed by the EMA50. Supports the continuation of the expected bearish trend on the intraday basis. Targets begin by testing 1.0765$ level. Continue to suggest the bearish trend on the intraday basis. Above-mentioned patterns targets extend to 1.0645$ after surpassing the first target. Breaching 1.0865$ will stop the expected decline and lead the price to turn to rise. Trading Range The expected trading range for today is between 1.0730$ support and 1.0870$ resistance.

Trend forecast: bearish

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