EUR/USD, Thursday forecast, October 17
The uptrend may be expected to continue, while pair is trading above support level 1.1067, which will be followed by reaching resistance level 1.1108.
An downtrend will start as soon, as the pair drops below support level 1.1062, which will be followed by moving down to support level 1.1033 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.0987.
Forecast based on “Strategist” trading system
Trading signals based on forecast