EUR/USD Forecast, Wednesday, July 15

EUR/USD (6E), futures market
Wednesday forecast, July 15
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1.1438, which will be followed by reaching resistance level 1.1502.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1438, which will be followed by moving down to support level 1.1377.

Weekly forecast, July 13 - 17
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1386, which will be followed by moving up to resistance level 1.1424 - 1.1500.
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1370, which will be followed by reaching support level 1.1236 - 1.1200.

Monthly forecast, July 2020
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1348, which will be followed by moving up to resistance level 1.1500 - 1.1632.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1.1187, which will be followed by moving down to support level 1.0985 and 1.0820.

 

Disclaimer: All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. ...

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