Weekly forecast, August 10 - 14
Uptrend
The uptrend may be expected to continue, while the market is trading above support level 3267, which will be followed by reaching resistance level 3197 - 3750.
Downtrend
A downtrend will start as soon, as the pair drops below support level 3167, which will be followed by moving down to support level 3188 and if it keeps on moving down below that level, we may expect the market to reach support level 3011.
(Click on image to enlarge)
Quarterly forecast, July - September 2020
Uptrend
The uptrend may be expected to continue in case the market rises above resistance level 3397, which will be followed by reaching resistance level 3750.
Downtrend
A downtrend will start as soon, as the pair drops below support level 3191, which will be followed by moving down to support level 3011.
(Click on image to enlarge)
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