Weekly forecast, August 10 - 14
Uptrend
The uptrend may be expected to continue, while the market is trading above support level 1978, which will be followed by reaching resistance level 2175.
Downtrend
A downtrend will start as soon, as the pair drops below support level 1978, which will be followed by moving down to support level 1920 and if it keeps on moving down below that level, we may expect the market to reach support level 1795.
(Click on image to enlarge)
Quarterly forecast, July - September 2020
Uptrend
The uptrend may be expected to continue, while the market is trading above support level 1920 - 1795, which will be followed by reaching resistance level 2175 - 2400.
Downtrend
A downtrend will start as soon, as the market drops below support level 1795, which will be followed by moving down to support level 1500 and 1350.
(Click on image to enlarge)
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