Thursday forecast, March 30, 2023
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 1,0759, which will be followed by reaching resistance level 1,0929 and if it keeps on moving up above that level, we may expect the market to reach resistance level 1,1032.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 1,0759, which will be followed by moving down to support level 1,0516.
Weekly forecast (March 27 – 31, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1,0929, which will be followed by moving up to resistance level 1,1032.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 1,0828, which will be followed by reaching support level 1,0516.
Monthly forecast, February – March 2023
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1.0926, which will be followed by moving up to resistance level 1.0926 and 1,1032.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 1.0804, which will be followed by reaching support level 1,0481 and if it keeps on moving down below that level, we may expect the market to reach support level 1,0222.
