EUR/USD: Uptrend To Level 1.0908 While The Market Is Trading Above Support Level 1.0861

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.0875, which will be followed by reaching resistance level 1.0910 - 1.0921.

EUR/USD, 6E futures market

Wednesday forecast, February 26

Uptrend

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.0875, which will be followed by reaching resistance level 1.0910 - 1.0921.

Downtrend

A downtrend will start as soon, as the EUR/USD pair drops below support level 1.0875, which will be followed by moving down to support level 1.0842.

(Click on image to enlarge)

EUR/USD spot market

Wednesday forecast, February 26

Uptrend

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.0861, which will be followed by reaching resistance level 1.0908.

Downtrend

A downtrend will start as soon, as the EUR/USD pair drops below support level 1.0861, which will be followed by moving down to support level 1.0830.

(Click on image to enlarge)

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