EURUSD Forex Analysis for Today, Tuesday(23-04-2024)
Resistance Holds, Look for SELL Opportunities on EURUSD Now!
Daily Analysis of EURUSD
ECB Still Likely to Cut Interest Rates
Officials at the European Central Bank are still sticking to the plan of cutting interest rates several times this year, although the Fed is expected to postpone interest rate cuts due to the resumption of rising US inflation.
Price Held by Resistance
Price increase is held by the resistance area. Monitor the 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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