Today’s Forecast, Wednesday, June 3
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 1720, which will be followed by reaching resistance level 1750.
Downtrend scenario
An downtrend will start as soon, as the pair drops below support level 1720, which will be followed by moving down to support level 1706.4 and if it keeps on moving down below that level, we may expect the market to reach support level 1665.4.
previous day forecast
This/Next Week Forecast (May 30 – June 3, 2022)
Uptrend scenario
The uptrend may be expected to continue in case the market rises above resistance level 1750, which will be followed by reaching resistance level 1790.
Downtrend scenario
An downtrend will start as soon, as the pair drops below support level 1720, which will be followed by moving down to support level 1667.
Previous week forecast
Monthly Forecast, June 2022
Uptrend scenario
The uptrend may be expected to continue, while pair is trading above support level 1656.4, which will be followed by reaching resistance level 1759.2.
Downtrend scenario
An downtrend will start as soon, as the pair drops below support level 1656.4, which will be followed by moving down to support level 1576.6 and if it keeps on moving down below that level, we may expect the pair to reach support level 1423.
