After bouncing off the resistance line at 1.681 - the main channel that has been growing since 2012 - in October 2020, the price has been in a constant decline. At the beginning of March 2021, the price came to the support zone of 1.531. Here the level crosses as well as the support lines of August 2012 and October 2013. I expect that the price will consolidate in...
The price continues to move in a downtrend that began in September 2020. The guiding lines for this trend are the support line - which also appeared in September, and the resistance line - December 2020.
From the moment of the formation of the resistance line, the price moves exactly within the trend. Last week it came to the support line 1.559, pushed off more...
