EUR/USD: Correction To 1.1009 While Trading Below 1.1092

The downtrend may be expected to continue, while the EUR/USD is trading below resistance level 1.1092, which will be followed by reaching support level 1.1009.

EUR/USD, Monday forecast, September 16

The downtrend may be expected to continue, while the EUR/USD is trading below resistance level 1.1092, which will be followed by reaching support level 1.1009. An uptrend will start as soon, as the EUR/USD rises above resistance level 1.1092, which will be followed by moving up to resistance level 1.1150.

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Weekly forecast, September 16 - 20

The downtrend may be expected to continue, while the EUR/USD is trading below resistance level 1.1092, which will be followed by reaching support level 1.0987. An uptrend will start as soon, as the EUR/USD rises above resistance level 1.1092, which will be followed by moving up to resistance level 1.1198.

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