EUR/USD Going Up To Resistance Level 1.1170 While Trading Above Support Level 1.1053

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.1053, which will be followed by reaching resistance level 1.1170.

EUR/USD (6E), futures market

Monday forecast, March 2

Uptrend

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.1053, which will be followed by reaching resistance level 1.1170.

Downtrend

A downtrend will start as soon, as the EUR/USD pair drops below support level 1.1053, which will be followed by moving down to support level 1.1008.

(Click on image to enlarge)

EUR/USD, spot market

Monday forecast, March 2

Uptrend

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.1053, which will be followed by reaching resistance level 1.1170.

Downtrend

A downtrend will start as soon, as the EUR/USD pair drops below support level 1.1053, which will be followed by moving down to support level 1.1008.

(Click on image to enlarge)

EUR/USD, spot market

Weekly forecast, March 2 - 7

Uptrend

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.0940, which will be followed by reaching resistance level 1.1087 and 1.1170

Downtrend

A downtrend will start as soon, as the EUR/USD pair drops below support level 1.0940, which will be followed by moving down to support level 1.0829.

(Click on image to enlarge)

Monthly forecast, March 2020

Uptrend

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.0940, which will be followed by reaching resistance level 1.1087 and 1.1170

Downtrend

A downtrend will start as soon, as the EUR/USD pair drops below support level 1.0940, which will be followed by moving down to support level 1.0829.

(Click on image to enlarge)

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