EUR/USD, Monday forecast, July 22
The uptrend may be expected to continue, while pair is trading above support level 1.1210 – 1.1190, which will be followed by reaching resistance level 1.1280.
Weekly forecast, July 22 – 26
The pair is trading along an sideways trend between support 1.1210 – 1.1190 and resistance 1.1280.
Locan uptrend may be expected to continue, while pair is trading above support level 1.1190, which will be followed by reaching resistance level 1.1280 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.1370.
An downtrend will start as from resistance 1.1280, as the pair drops below support level 1.1190, which will be followed by moving down to support level 1.1160 and 1.1107.
Forecast based on “Strategist” trading system
Trading signals based on forecast