EUR/USD (6E), futures market
Monday forecast, March 31
Downtrend
The uptrend may be expected to continue in case the market rises above resistance level 1.0990, which will be followed by reaching resistance level 1.0931 and then 1.0857.
Uptrend
An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1025, which will be followed by moving up to resistance level 1.1092 - 1.1124.
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Weekly forecast, March 30 - April 3
Downtrend
The downtrend may be expected to continue, while the EUR/USD pair is trading below resistance level 1.1235, which will be followed by reaching support level 1.0857 - 1.0793.
Uptrend
An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1235, which will be followed by moving up to resistance level 1.1502.
(Click on image to enlarge)
Monthly forecast, April 2020
Downtrend
The downtrend may be expected to continue, while the EUR/USD pair is trading below resistance level 1.1235, which will be followed by reaching support level 1.0793 and if it keeps on moving down below that level, we may expect the EUR/USD pair to reach support level 1.0605.
Uptrend
An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1235, which will be followed by moving up to resistance level 1.1502 - 1.1632.
(Click on image to enlarge)
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