EUR/USD Forecast: Potential Rise Ahead!
Last week the price of the currency pair EUR/USD rebounded from the upper boundary of the daily range and dropped. The asset is likely to rebound from the lower boundary, that is, the level of 1.0500 soon. So, let’s wait and see when this highly anticipated thing is going to happen.
Silver formed the double top and broke the neckline. Currently, the asset’s price is about to rebound to the broken level of 24.75. It is likely to rebound from the broken level again, drop, and gain the required support at the level of 22.40.
American stock index S&P500 broke the diamond. The asset’s price is now remaining at the key level of 4195. Here it would be important to follow the price movements as the asset might either rebound and drop or jump above the broken level. Time will tell what is going to happen next.
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