EUR/USD, Wednesday forecast, August 7
The downtrend may be expected to continue, while pair is trading below resistance level 1.1210, which will be followed by reaching support level 1.1165.
An uptrend will start as soon, as the pair rises above resistance level 1.1210, which will be followed by moving up to resistance level 1.1250 - 1.1270.
Weekly forecast, August 5 - 9
The downtrend may be expected to continue, while pair is trading below resistance level 1.1160, which will be followed by reaching support level 1.0980.
An uptrend will start as soon, as the pair rises above resistance level 1.1160, which will be followed by moving up to resistance level 1.1210 and then 1.1270.
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