Zcash (ZEC) forecast for 2020-06-22

Analysis for 2020-06-22

Zcash (ZEC) The test of the resistance line on the relative strength index (RSI) will be in favor of the fall in the EUR/USD quotes. The second signal will be a rebound from the upper boundary of the downward channel. Cancellation of the option of falling quotes Euro/Dollar will be a strong growth and the breakdown level of 1.1285. This will indicate breakdown of the channel boundary and continued growth in the region at the level of 1.1385. Expect confirmation of a fall on the EUR/USD pair with the breakdown of the support area and closing below 1.1055.
Zcash (ZEC)

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