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The EURUSD price tests the support – Forecast today - 27-06-2024
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The EURUSD price tests the support – Forecast today - 27-06-2024
Jun 26, 2024 9:52 PM

EURUSD Price Analysis Expected Scenario The EURUSD price faced negative pressure yesterday to test 1.0675$ support line, noticing that the price consolidated above this level to start rising by todays open, motivated by stochastic positivity, to keep the bullish trend valid for the upcoming period, waiting to breach 1.0750$ to activate the positive effect of the triple bottom pattern that supports the chances of rallying towards 1.0840$ as a next main target. Therefore, we will continue to suggest the bullish trend on the intraday basis unless breaking 1.0675$ and holding with a daily close below it. Expected Trading Range Between 1.0630$ support and 1.0775$ resistance.

Trend Forecast: Bullish

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