EURUSD: Downtrend To 1.0925 While Trading Below 1.0965

The downtrend may be expected to continue, while the EUR/USD pair is trading below resistance level 1.0965, which will be followed by reaching support level 1.0937 and 1.0926.

EUR/USD, Thursday forecast, September 26

The downtrend may be expected to continue, while the EUR/USD pair is trading below resistance level 1.0965, which will be followed by reaching support level 1.0937 and 1.0926. An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.0965, which will be followed by moving up to resistance level 1.0987 and if it keeps on moving up above that level, we may expect the EUR/USD pair to reach resistance level 1.1024.

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Weekly forecast, September 23 - 27

The downtrend may be expected to continue in case the market drops below support level 1.0967, which will be followed by reaching support level 1.0926. An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1000, which will be followed by moving up to resistance level 1.1092.

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