EUR/USD forecast. The price awaits the decline – 30-12-2024

eur-usdThe EURUSD price fluctuates around the bearish trend line, and the EMA50 forms negative pressure against the price, waiting to resume the expected bearish wave on the intraday and short-term basis, which targets 1.0333$ followed by 1.0250$ levels as next main stations.

Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 1.0475$ and holding above it.

The expected trading range for today is between 1.0350$ support and 1.0480$ resistance

Trend forecast: Bearish

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