forecast EURUSD
The Euro/Dollar currency pair EUR/USD ends the trading week with a bullish correction near the 1.0960 area. The trend is still in continued bearish which indicates pressure from sellers of the European currency and a likely continuation fall down. At the moment, we should expect an attempt to develop a rise in the pair’s quotes and a test of the resistance area near the level of 1.0995. Where is the expected rebound downwards and the continuation of the fall of the Euro Dollar. A potential target for decline is the area below the level of 1.0275.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.