EUR/USD Forecast - Monday, July 6

EUR/USD (6E), futures market

Monday forecast, July 6

Uptrend

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.1298, which will be followed by reaching resistance level 1.1330 - 1.1348.

Downtrend

A downtrend will start as soon, as the EUR/USD pair drops below support level 1.1298, which will be followed by moving down to support level 1.1256.

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Weekly forecast, July 6 - 10

Uptrend

An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1348, which will be followed by moving up to resistance level 1.1424.

Downtrend

The downtrend may be expected to continue, while the EUR/USD pair is trading below resistance level 1.1348, which will be followed by reaching support level 1.1256 - 1.1200.

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Monthly forecast, July 2020

Uptrend

An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1348, which will be followed by moving up to resistance level 1.1500 - 1.1632.

Downtrend

A downtrend will start as soon, as the EUR/USD pair drops below support level 1.1187, which will be followed by moving down to support level 1.0985 and 1.0820.

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