EUR/USD (6E), futures market
Tuesday forecast, April 7
Uptrend
The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.0903, which will be followed by reaching resistance level 1.0931 and 1.0957.
Downtrend
A downtrend will start as soon, as the EUR/USD pair drops below support level 1.0903, which will be followed by moving down to support level 1.0876 and 1.0857.
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Weekly forecast, April 6 - 10
Downtrend
The downtrend may be expected to continue in case the market drops below support level 1.0793, which will be followed by reaching support level 1.0692.
Uptrend
An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.0857, which will be followed by moving up to resistance level 1.0957 and 1.1063.
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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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