Forex EUR/USD forecast. The euro test the support – 07-12-2023

eur-usdThe EURUSD pair is testing the key support 1.0760 without managing to break it until now, which keeps our neutrality valid until now, as we are waiting to break this support or breach 1.0860 resistance to confirm the next trend clearly.

Note that breaching the resistance will push the price to achieve additional bullish correction that its next target reaches 1.0960, while breaking the support will push the price to return to the main bearish track and achieve negative targets that start by visiting 1.0645 areas.

The expected trading range for today is between 1.0680 support and 1.0840 resistance.

The expected trend for today: Neutral

Origin: Economies

 

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