EURUSD Forex Analysis for Today, Monday(22-04-2024)
Stuck at Resistance, Look for SELL Opportunities in EURUSD Now!
Daily Analysis of EURUSD
Fed Rate Cut Expectations Diminish
The market believes the Fed will not cut interest rates in June, but will postpone it to around September. The interest rate cut is also expected to be smaller than previously estimated.
Stuck at Resistance
Price increases are stuck at the resistance area. Monitor this resistance area to find confirmation of sell signals.
Prediction: WEAK EURUSD
Resistance
- R1 1.07164
- R2 1.06645
- R3 1.07336
- R4 1.07535
Support
- S1 1.06645
- S2 1.07164
- S3 1.06392
- S4 1.06146 +
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