EUR/USD (6E), futures market
Monday forecast, March 16
Downtrend
The downtrend may be expected to continue, while the pair is trading below resistance level 1.1270, which will be followed by reaching support level 1.1056 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.0870.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1270, which will be followed by moving up to resistance level 1.1370.
EUR/USD, spot market
Monday forecast, March 16
Downtrend
The downtrend may be expected to continue, while the pair is trading below resistance level 1.1238, which will be followed by reaching support level 1.1056 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.0940.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1238, which will be followed by moving up to resistance level 1.1353.
EUR/USD, spot market
Weekly forecast, March 16 - 20
Downtrend
The downtrend may be expected to continue, while the pair is trading below resistance level 1.1238, which will be followed by reaching support level 1.0940 - 1.0829.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1238, which will be followed by moving up to resistance level 1.1353 - 1.1470.
Monthly forecast, March 2020
Uptrend
The uptrend may be expected to continue, while the pair is trading above support level 1.0940, which will be followed by reaching resistance level 1.1087 and 1.1170.
Downtrend
A downtrend will start as soon, as the pair drops below support level 1.0940, which will be followed by moving down to support level 1.0829.
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