This/Next Week Forecast (June 13 – 17, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 1027.2, which will be followed by reaching resistance level 1143.4.
Downtrend scenario
An downtrend will start as soon, as the pair drops below support level 1027.2, which will be followed by moving down to support level 972.
Previous week forecast
Monthly Forecast, June 2022
Uptrend scenario
The uptrend may be expected to continue, while pair is trading above support level 1143.4, which will be followed by reaching resistance level 1350.
Downtrend scenario
An downtrend will start as soon, as the pair drops below support level 1143.4, which will be followed by moving down to support level 971.