EURUSD Forecast –$1.07825 is the Monthly Target

3 בדצמ׳ 2022

The price formed a bearish Pin bar on a Monday and the price returned back down close to $1.02669 which is daily support level.

The price did not stay for too long because the demand zone around $1.02669 pushed the price up on Wednesday with a strong bullish candle.

We have monthly, weekly and daily time frame suggesting the price will continue to move up.

This move predicts future move to the upside and the next target for this month is $1.07825 as a next resistance for the price.