The market is currently range-bound, bouncing off both the resistance and support levels around the 1.1000 mark.
Despite this, the market is showing a bullish trend on the 4H and daily timeframe, making higher swing highs.
Related Articles
If the price can reject the support level and break out of the range zone, I believe the market may continue the uptrend.
My target is the resistance zone at 1.10380.
The post 02.05.2023 EURUSD Forecast appeared first on Exness Global, Exness Indonesia, Exness Turkey, Exness South Korea, Exness Japan, Exness India, Exness Thailand, Exness South Africa.
This post first appeared on Free Trading Signals For Forex Traders, please read the originial post: here