Uptrend scenario An uptrend will start as soon, as the market rises above resistance level 0,9935, which will be followed by moving up to resistance level 1,0170. Downtrend scenario The downtrend may be expected to continue, while market is trading below resistance level 0,9935, which will be followed by reaching 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.