This/Next Week Forecast (May 30 – June 3, 2022)
Uptrend scenario
An uptrend will start as soon, as the pair rises above resistance level 782, which will be followed by moving up to resistance level 810.
Downtrend scenario
An downtrend will start as soon, as the pair drops below support level 769, which will be followed by moving down to support level 735.
Previous week forecast
Monthly Forecast, June 2022
Uptrend scenario
The uptrend may be expected to continue in case the market rises above resistance level 574, which will be followed by reaching resistance level 620.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 524, which will be followed by moving down to support level 455.
