EUR/USD Forecast - Tuesday, August 27

EUR/USD, Tuesday forecast, August 27

The downtrend may be expected to continue, while pair is trading below resistance level 1.1113, which will be followed by reaching support level 1.1092 and 1.1075.

An uptrend will start as soon, as the pair rises above resistance level 1.1113, which will be followed by moving up to resistance level 1.1163.

Weekly forecast, August 26 - 30

The uptrend may be expected to continue, while pair is trading above support level 1.1092, which will be followed by reaching resistance level 1.1198 - 1.1220.

A downtrend will start as soon, as the pair drops below support level 1.1092, which will be followed by moving down to support level 1.1030.

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