EUR/USD Continues The Downtrend To Support 1.1170 While Trading Below Resistance 1.1370

The downtrend may be expected to continue, while the pair is trading below resistance level 1.1373, which will be followed by reaching support level 1.1233 and 1.1174.

EUR/USD (6E), futures market
Wednesday forecast, March 11

Downtrend

The downtrend may be expected to continue, while the pair is trading below resistance level 1.1373, which will be followed by reaching support level 1.1233 and 1.1174.

Uptrend

An uptrend will start as soon, as the pair rises above resistance level 1.1373, which will be followed by moving up to resistance level 1.1480.

EUR/USD, spot market
Wednesday forecast, March 11

Downtrend

The downtrend may be expected to continue, while the pair is trading below resistance level 1.1370, which will be followed by reaching support level 1.1238 and 1.1170.

Uptrend

An uptrend will start as soon, as the pair rises above resistance level 1.1370, which will be followed by moving up to resistance level 1.1470.

EUR/USD, spot market
Weekly forecast, March 9 - 13

Downtrend

The downtrend may be expected to continue, while the pair is trading below resistance level 1.1470, which will be followed by reaching support level 1.1170.

Uptrend

A downtrend will start as soon, as the pair drops below support level 1.1470, which will be followed by moving down to support level 1.1747.

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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