EUR/USD: Uptrend From Support Level At 1.1040 While Trading Above 1.0985

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.0985, which will be followed by reaching resistance level 1.1024 - 1.1040.

EUR/USD, Wednesday forecast, September 25

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.0985, which will be followed by reaching resistance level 1.1024 - 1.1040. A downtrend will start as soon, as the EUR/USD pair drops below support level 1.0985, which will be followed by moving down to support level 1.0967.

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Weekly forecast, September 23 - 27

The downtrend may be expected to continue in case the market drops below support level 1.0967, which will be followed by reaching support level 1.0926. An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1000, which will be followed by moving up to resistance level 1.1092.

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