EURUSD Forex Analysis for Today, Friday(05-04-2024)

EURUSD Forex Analysis for Today, Friday(05-04-2024)

EURUSD Forex Analysis for Today, Friday(05-04-2024)

Ready to Check Sell Opportunities for EURUSD! Price Stuck in Resistance Area

Daily Analysis EURUSD

Euro Pressured Against Dollar

Euro is weakening against the dollar. Market sentiment is strongly anticipating a decrease in the interest rates by the European Central Bank (ECB).

Potential Bearish Continuation

The current movement of EURUSD has potential for a bearish continuation on the H4 timeframe. Confirmation of sell signals can be sought as long as the price does not penetrate the resistance area.

Prediction: WEAK EURUSD


  • R1 1.08916
  • R2 1.08512
  • R3 1.09136
  • R4 1.09373


  • S1 1.08512
  • S2 1.08916
  • S3 1.08252
  • S4 1.08028

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