The analysis of the EUR/USD currency pair by the Mallicast team

14 Eyl 2024

The analysis of the EUR/USD currency pair by the Mallicast team for the third week of September indicates that the pair may continue to show a bearish trend throughout the week. It is anticipated that the decline could extend to the price level of 1.09709. However, there is also a possibility of a price rebound, with an upward movement potentially reaching 1.11112. These price fluctuations could provide favorable opportunities for both short-term and medium-term traders. Overall, considering the current market conditions and released economic data, it is expected that the price will move between these key levels, requiring traders to closely monitor market changes.