EURUSD - OUTLOOK
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EURUSD 4H NEW FORECAST
Expected trading scenarios
The price of the euro against the dollar remains near the level of 1.0715 , and has stabilized below it so far.
A bearish trend scenario will continue for the coming period, targeting a test of the 1.0685 level as a first stop.
Breaking the 1.0685 level may push the price towards 1.06210.
On the other hand, we must monitor the breach of the 1.0715 level, as it will stop the proposed bearish wave and push the price to try to recover and achieve positive targets that begin by visiting the 1.07650 areas.
EURUSD 4H NEW FORECAST
Expected trading scenarios
The price of the euro against the dollar remains near the level of 1.0715 , and has stabilized below it so far.
A bearish trend scenario will continue for the coming period, targeting a test of the 1.0685 level as a first stop.
Breaking the 1.0685 level may push the price towards 1.06210.
On the other hand, we must monitor the breach of the 1.0715 level, as it will stop the proposed bearish wave and push the price to try to recover and achieve positive targets that begin by visiting the 1.07650 areas.
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