During this rally at the end of last week, the price broke through the 104.03 support line. Thus, it left the in which it had been falling since June 2020.
After the breakdown of the support line, the price began to rise. And despite the fact that while it makes many rollbacks during the growth, I am sure that it will continue. Since now the 2020 line gives the price good support.
Now I expect the price to continue to rise and eventually come to a strong . This zone is formed by the intersection of the and the line from November 2020. Thus, our final target is the 104.72 .
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻