EUR/USD forecast

   The pair stumbled upon the resistance at 1.2800 ("B+" trend line), level 1.2750 ("F" trend line) is offering a temporary support. If the pair manages to rise above the level 1.2830 (above the higher bound of the "B-B+" daily side trend), the level of key resistance 1.2900 (the higher bound of the "E-E+" daily side trend) will be reached. The pair is being traded within the bounds of the "E-E+" trend so far, and this trend will continue until the higher bound of the "E-E+" trend gets broken - only then we will be able to state the completion of the side trend, and the pair will reach 1.3300. In case the pair manages to drop below the "F" trend line and also break the "a-a+" trend's lower bound after that (drop below 1.2635), level 1.2500 will be reached.

 

 

 The pair is being traded within side trends "B-B+" and "E-E+". Side trend will continue until the higher bound of the "E-E+" trend gets broken. In case it gets broken (if the pair goes above 1.2950), we will be able to state the beginning of an ascending trend, and level 1.3300 will be reached.