EURUSD Forex Analysis for Today, Monday(01-04-2024)
Check Selling Opportunity in EURUSD Now! Support Area Broken
Daily Analysis EURUSD
US Inflation as Expected
The Fed stated that recent US inflation data met expectations, related to the Federal Reserve’s stance on interest rate cuts this year.
Support Area Broken
EURUSD has already broken the support area and is likely to continue declining. Look for selling signals as long as the price does not break the resistance area.
Prediction: WEAK EURUSD
Resistance
- R1 1.08669
- R2 1.08017
- R3 1.09012
- R4 1.09365
Support
- S1 1.08017
- S2 1.08669
- S3 1.07660
- S4 1.07298
Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.