EURUSD Forex Analysis for Today, Monday(15-04-2024)
Monitor Sell Opportunities EURUSD: Price Moving Bearish Continuation
Daily Analysis EURUSD
Euro Pressured Against USD
The US Dollar (USD) strengthens due to increased buying of the dollar amid geopolitical turmoil, which puts downward pressure on the EUR/USD pair.
Bearish Continuation
The current movement of EURUSD is bearish continuation. Confirmation of sell signals can be sought as long as prices do not penetrate the resistance area.
Prediction: WEAK EURUSD
Resistance
- R1 1.07679
- R2 1.06974
- R3 1.08127
- R4 1.08619
Support
- S1 1.06974
- S2 1.07679
- S3 1.06577
- S4 1.06232
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.