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04.05.2023 EURUSD Forecast

My previous analysis was accurate as the price reached the expected level.

The market experienced a strong upward movement and broke the descending channel, consolidating above it.

The current price is testing the primary resistance zone, and a pullback to the support level is possible before the trend continues.

I believe the best entry point would be the previous resistance level, which now acts as a support or swing zone.

My target is the primary resistance at 1.11200.

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The post 04.05.2023 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

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04.05.2023 EURUSD Forecast

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