EUR/USD, 6E futures market

Tuesday forecast, February 25

Downtrend

The downtrend may be expected to continue, while the EUR/USD pair is trading below resistance level 1.0860, which will be followed by reaching support level 1.0819 and if it keeps on moving down below that level, we may expect the EUR/USD pair to reach support level 1.0793.

Uptrend

An uptrend will start as soon, as the EUR/USD pair rises above resistance level 1.0860, which will be followed by moving up to resistance level 1.0885 and if it keeps on moving up above that level, we may expect the EUR/USD pair to reach resistance level 1.0935.

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EUR/USD spot market

Tuesday forecast, February 25

Downtrend

The downtrend may be expected to continue, while the EUR/USD pair is trading below resistance level 1.0847, which will be followed by reaching support level 1.0784.

Uptrend

An uptrend will start as soon, as theEUR/USD pair rises above resistance level 1.0847, which will be followed by moving up to resistance level 1.0878 and if it keeps on moving up above that level, we may expect the EUR/USD pair to reach resistance level 1.0913.

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