EUR/USD Can Continue The Uptrend To 1.1200 After Break Up At 1.1170

The uptrend may be expected to continue in case the market rises above resistance level 1.1170, which will be followed by reaching resistance level 1.1200.

EUR/USD, Thursday forecast, October 31

The uptrend may be expected to continue in case the market rises above resistance level 1.1170, which will be followed by reaching resistance level 1.1200. A downtrend will start as soon, as the EUR/USD pair drops below support level 1.1150, which will be followed by moving down to support level 1.1108.

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Weekly forecast, October 28 - November 1

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.1072, which will be followed by reaching resistance level 1.1150 and if it keeps on moving up above that level, we may expect the EUR/USD pair to reach resistance level 1.1200. A downtrend will start as soon, as the EUR/USD pair drops below support level 1.1027, which will be followed by moving down to support level 1.0987.

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