The EURUSD price forecast update – 14-06-2024

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The EURUSD price resumes its negative trading to break 1.0720$ and reach the first extended target at 1.0675$, and we suggest breaking this level to open the way to head towards our next target that reaches 1.0600$.

Therefore, we are waiting for more expected decline for the rest of the day unless the price rallied to breach 1.0795$ and holding above it.

The expected trading range for today is between 1.0660$ support and 1.0810$ resistance.

Trend forecast: Bearish