EUR/USD Weekly Forecast

Weekly Forecast (September 18 – 23, 2022)

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1,0202, which will be followed by moving up to resistance level 1,0428.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 1,0202, which will be followed by reaching support level 0,9871 and if it keeps on moving down below that level, we may expect the market to reach support level 0,9600.

previous week forecast

Monthly Forecast, September 2022

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1.0134, which will be followed by moving up to resistance level 1.0428 and if it keeps on moving up above that level, we may expect the market to reach resistance level 1.0853.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 1.0134, which will be followed by reaching support level 0.9600.

previous month forecast

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