EUR/USD, Weekly forecast August 10 - 14, 2020

Uptrend
The uptrend may be expected to continue, while the market is trading above support level 1.1695, which will be followed by reaching resistance level 1.1930 - 1.2155.
Downtrend
A downtrend will start as soon, as the market drops below support level 1.1695, which will be followed by moving down to support level 1.1450.

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Quarterly forecast, July - September 2020

Uptrend
The uptrend may be expected to continue, while the market is trading above support level 1.1740, which will be followed by reaching resistance level 1.1930 and 1.2310.
Downtrend
A downtrend will start as soon, as the market drops below support level 1.1740, which will be followed by moving down to support level 1.1450 and 1.1170.

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