EURUSD Forex Analysis for Today, Monday(08-04-2024)

EURUSD Forex Analysis for Today, Monday(08-04-2024)

EURUSD Forex Analysis for Today, Monday(08-04-2024)

Monitor Opportunities to Sell EURUSD! Potential for Bearish Continuation

Daily Analysis EURUSD

US Economy Continues to Grow

The increased NFP data in March indicates the strength of the labor market driving the US economy.

Potential for Bearish Continuation

The current movement of EURUSD potentially indicates bearish continuation on the H4 time frame. Look for confirmation of sell signals as long as prices do not break through the resistance area.

Prediction: WEAK EURUSD


  • R1 1.08983
  • R2 1.08578
  • R3 1.09194
  • R4 1.09405


  • S1 1.08578
  • S2 1.08983
  • S3 1.08332
  • S4 1.08098

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