EUR/USD, 6E futures market
Monday forecast, February 24
Uptrend
The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.0819, which will be followed by reaching resistance level 1.0856 and if it keeps on moving up above that level, we may expect the EUR/USD pair to reach resistance level 1.0878.
Downtrend
A downtrend will start or from resistance 1.0856, or as soon, as the EUR/USD pair drops below support level 1.0819, which will be followed by moving down to support level 1.0793.
(Click on image to enlarge)
EUR/USD spot market
Monday forecast, February 24
Uptrend
The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.0805, which will be followed by reaching resistance level 1.0842 and if it keeps on moving up above that level, we may expect the EUR/USD pair to reach resistance level 1.0863.
Downtrend
A downtrend will start or from resistance 1.0842, or as soon, as the EUR/USD pair drops below support level 1.0805, which will be followed by moving down to support level 1.0779.
(Click on image to enlarge)
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