EUR/USD Looks For A Correction To 1.1107 - 1.1125 While Trading Above 1.1075

The uptrend may be expected to continue, while pair is trading above support level 1.1075, which will be followed by reaching resistance level 1.1107 - 1.1125.

EUR/USD, Friday forecast, August 2

The uptrend may be expected to continue, while pair is trading above support level 1.1075, which will be followed by reaching resistance level 1.1107 - 1.1125. A downtrend will start as soon, as the pair drops below support level 1.1075, which will be followed by moving down to support level 1.1050.

(Click on image to enlarge)

Comments