EUR/USD (6E), futures market
Tuesday forecast, March 17
Downtrend
The downtrend may be expected to continue, while the EUR/USD pair is trading below resistance level 1.1054, which will be followed by reaching support level 1.0940 or 1.0840.
Uptrend
An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1054, which will be followed by moving up to resistance level 1.1170.
(Click on image to enlarge)
EUR/USD, spot market
Tuesday forecast, March 17
Downtrend
The downtrend may be expected to continue in case the market drops below support level 1.1050, which will be followed by reaching support level 1.0960.
Uptrend
An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1132, which will be followed by moving up to resistance level 1.1277.
(Click on image to enlarge)
EUR/USD, spot market
Weekly forecast, March 16 - 20
Downtrend
The downtrend may be expected to continue, while the EUR/USD pair is trading below resistance level 1.1238, which will be followed by reaching support level 1.0940 - 1.0829.
Uptrend
An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1238, which will be followed by moving up to resistance level 1.1353 - 1.1470.
(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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