Wednesday Forecast (March 22, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 69,83, which will be followed by moving up to resistance level 72,92.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 69,83, which will be followed by reaching support level 67 – 65,79.
Weekly Forecast (March 20 – 24, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 72,92, which will be followed by moving up to resistance level 77,56.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 72,92, which will be followed by reaching support level 61.
Monthly Forecast, February – March 2023
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 82,89, which will be followed by moving up to resistance level 88,65.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 82,89, which will be followed by reaching support level 72,64 – 70,86 and if it keeps on moving down below that level, we may expect the market to reach support level 66,00..
