EUR/USD: Uptrend To 1.1073 While Trading Above 1.1029

EUR/USD, Friday forecast, September 20

The uptrend may be expected to continue, while the EUR/USD pair is trading above support level 1.1029, which will be followed by reaching resistance level 1.1073 - 1.1092. A downtrend will start as soon, as the EUR/USD pair drops below support level 1.1029, which will be followed by moving down to support level 1.1000.

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Weekly forecast, September 16 - 20

The downtrend may be expected to continue, while the EUR/USD pair is trading below resistance level 1.1092, which will be followed by reaching support level 1.0987. An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.1092, which will be followed by moving up to resistance level 1.1198.

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