EUR/USD May Continue The Downtrend To 1.1087 While Trading Below 1.1170
EUR/USD (6E), futures market
Wednesday forecast, March 4
Downtrend
The downtrend may be expected to continue, while the pair is trading below resistance level 1.1190, which will be followed by reaching support level 1.1103.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1190, which will be followed by moving up to resistance level 1.1250.
EUR/USD, spot market
Wednesday forecast, March 4
Downtrend
The downtrend may be expected to continue, while the pair is trading below resistance level 1.1170, which will be followed by reaching support level 1.1087.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1170, which will be followed by moving up to resistance level 1.1238.
EUR/USD, spot market
Weekly forecast, March 2 - 7
Uptrend
The uptrend may be expected to continue, while the pair is trading above support level 1.0940, which will be followed by reaching resistance level 1.1087 and 1.1170
Downtrend
A downtrend will start as soon, as the pair drops below support level 1.0940, which will be followed by moving down to support level 1.0829.
Monthly forecast, March 2020
Uptrend
The uptrend may be expected to continue, while the pair is trading above support level 1.0940, which will be followed by reaching resistance level 1.1087 and 1.1170.
Downtrend
A downtrend will start as soon, as the pair drops below support level 1.0940, which will be followed by moving down to support level 1.0829.
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 ...
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