EUR/USD continue uptrend to 1.0957 while trading above 1.0903
|EUR/USD (6E), futures market Tuesday forecast, April 7
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1.0903, which will be followed by reaching resistance level 1.0931 and 1.0957.
Downtrend
A downtrend will start as soon, as the pair drops below support level 1.0903, which will be followed by moving down to support level 1.0876 and 1.0857.
Weekly forecast, April 6 - 10
Downtrend
The downtrend may be expected to continue in case the market drops below support level 1.0793, which will be followed by reaching support level 1.0692.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.0857, which will be followed by moving up to resistance level 1.0957 and 1.1063.
Monthly forecast, April 2020
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1.1235, which will be followed by reaching support level 1.0793 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.0605.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1.1235, which will be followed by moving up to resistance level 1.1502 - 1.1632.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.