This/Next Week Forecast (June 13 – 17, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1.0647, which will be followed by moving up to resistance level 1.0806.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 1.0642, which will be followed by reaching support level 1.0471 and 1.0350.
Previous week forecast
Monthly Forecast, June 2022
Uptrend scenario
The uptrend may be expected to continue, while pair is trading above support level 1.0340, which will be followed by reaching resistance level 1.0806 and 1.1186.
Downtrend scenario
An downtrend will start as soon, as the pair drops below support level 1.0340, which will be followed by moving down to support level 1.0119.
