EUR/USD, Tuesday forecast, July 16
The pair is trading along an downtrend with target on 1,1238 and if it keeps on moving down below that level, we may expect the pair to reach support level 1,1210.
An uptrend will start as soon, as the pair rises above resistance level 1,1285, which will be followed by moving up to resistance level 1,1330.
Weekly forecast, July 15 – 19
The pair is trading along an uptrend with target on 1,1370 and may be expected to continue, while pair is trading above support level 1,1210.
An downtrend will start as soon, as the pair drops below support level 1,1210, which will be followed by moving down to support level 1,1107
Forecast based on “Strategist” trading system
Trading signals based on forecast