EUR/USD, Tuesday forecast, February 12

EUR/USD, 6E futures market
Tuesday forecast, February 12
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.0947, which will be followed by reaching support level 1.0913 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.0880.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.0947, which will be followed by moving up to resistance level 1.0980.

EUR/USD spot market
Tuesday forecast, February 12
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.0924, which will be followed by reaching support level 1.0891 – 1.0878 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.0839.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.0924, which will be followed by moving up to resistance level 1.0957.

Weekly forecast, February 10 – 14
Forecast and technical analysis
Downtrend

The downtrend may be expected to continue in case the market drops below support level 1.0940, which will be followed by reaching support level 1.0878.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.008, which will be followed by moving up to resistance level 1.1087.