EURUSD forex analysis for today, Wednesday(24-04-2024)
Held by Resistance, Seek Selling Opportunities in EURUSD Now! Daily EURUSD Analysis ECB Reiterates Need for Rate Cuts ECB policymakers reiterate the need to cut interest rates several times this year. This holds back the strengthening of the euro after weak US manufacturing data yesterday. Price Held Back by Resistance Again Price increase is held back by the resistance area. Monitor the resistance area for sell signal confirmations. Prediction: WEAK EURUSD
Resistance
- R1 1.07593
- R2 1.06996
- R3 1.07903
- R4 1.08125
Support
- S1 1.06996
- S2 1.07593
- S3 1.06781
- S4 1.06636
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.