SroshMayi

EURUSD (Short Term + Geopolitical Situation)

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD New Forecast

The price may consolidate within the bearish zone if it remains below 1.07070, a key weekly support level, potentially guiding EURUSD towards 1.05050.

Conversely, stabilizing the price above 1.07070, which would bolster EURUSD ascent to 1.0880 and subsequently, 1.0992.

Pivot Price: 1.07070
Resistance prices: 1.0880 & 1.0992 & 1.1043
Support prices: 1.0510 & 1.0395 & 1.0300

The movement range will be between the support 1.0510 and the resistance 1.0770

Tendency: Looks Bearish

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