EUR/USD, Monday forecast, October 28
The uptrend may be expected to continue, while the pair is trading above support level 1.1072, which will be followed by reaching resistance level 1.1108 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1150.
A downtrend will start as soon, as the pair drops below support level 1.1072, which will be followed by moving down to support level 1.1029.
Weekly forecast, October 28 - November 1
The uptrend may be expected to continue, while the pair is trading above support level 1.1072, which will be followed by reaching resistance level 1.1150 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1200.
A downtrend will start as soon, as the pair drops below support level 1.1027, which will be followed by moving down to support level 1.0987.
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