karizmatix

Xu100 usdtry target 135 usd.

Short
There is text book technical analysis on the chart. It is moving steadily to the lower support of the channel 135 usd.

Comments

I think the upcoming support level will be around 145 USD. The bottoms of March and November 2020 are in an ascending fashion. So the new support will be higher than the previous.

Regardless of the support level, however, the trend is sideways.
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