descending channel on monthly. Middle Line crossed down-side.
possible Supports ahead
1. 1040 which is previous pivots, fibo bounce zone (127%).
2. 950 which is the channel bottom line and stronger fibo bounce zone 161% golden percentage.
This price action is heading a crossing starting from 40.50 to 42. At this area, either breakout (above red trend) to around 49 or down to 33. This chart is Weekly.
