Market Forecast for Eur/Usd Upcoming Weeks.

[fxfet]

From MACL strategy we have S/R(support and resistance) line at 1.3954 and it very important MARSI line.

Break of line help in move to next target 1.3780 and 1.3689 which is last line of chart break of line will change of trend to up.

Market strength is still up and above 50 means chances of reverse is more,then more fall. Market volatility is near to end for down which also increase chances for trend up.

 

[CookieSEO]

Seems a big drop, what non technical factors do you think there are to support?

 

[fxfet]

Seems a big drop, what non technical factors do you think there are to support?

Need to check upcoming events in europe. Above Points are only technical factors and non technical factors seems to come in quick time which not predictable in weekends off.

 

[verbum4it]

Thank you for analysis, but we must be remain open minded to receive a fact that no one chart analysis is 100% right.