EUR/USD Continue The Uptrend To Resistance 1.1238 While Trading Above Support 1.1170

The uptrend may be expected to continue, while pair is trading above support level 1.1155, which will be followed by reaching resistance level 1.1240 and if it keeps on moving up above that level, we may expect the pair to reach resistance 1,1155.

EUR/USD (6E), futures market
Thursday forecast, March 5

Uptrend

The uptrend may be expected to continue, while pair is trading above support level 1.1155, which will be followed by reaching resistance level 1.1240 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1,1155.

Downtrend

A downtrend will start as soon, as the pair drops below support level 1.1155, which will be followed by moving down to support level 1.1103 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.1045.

EUR/USD, spot market
Thursday forecast, March 5

Uptrend

The uptrend may be expected to continue, while pair is trading above support level 1.1170, which will be followed by reaching resistance level 1.1238 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1,1370.

Downtrend

A downtrend will start as soon, as the pair drops below support level 1.1170, which will be followed by moving down to support level 1.1087.

EUR/USD, spot market
Weekly forecast, March 2 - 7

Uptrend

The uptrend may be expected to continue, while 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.

Monthly forecast, March 2020

Uptrend

The uptrend may be expected to continue, while 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.

STOCKS IN THIS ARTICLE

Comments