Technical Forex Market Outlook
EUR/USD:
Weekly Forecast: Lower
Resistance: 1.3795/98, 1.3813/27, 1.3854/58, 1.3868, 1.3973, 1.4246, 1.4258, 1.4279, 1.4327, 1.4499/1.4503, 1.4548/74, 1.4695 and 1.4939.
Support: 1.3720/43, 1.3710, 1.3652/97, 1.3607, 1.3565, 1.3549, 1.3520/24, 1.3483, 1.3450, 1.3360, 1.3333, 1.3241/44, 1.3145, 1.3055, 1.3000 and 1.2968.
200-day MA: 1.4103 and flat.
14-day RSI: 49.3 and rising.