Breakout below long term channel not confirmed yet.
Seems like this might have been a fals breakout.
Current global sentiment gives some hope to bring prices to high level but within few days I expect to test this long term support again.
If we will see global rebound in next 2 days, FW20 might bounce of current levels (2145) back to around 2180.
Longer term outlook remains bearish.
Seems like this might have been a fals breakout.
Current global sentiment gives some hope to bring prices to high level but within few days I expect to test this long term support again.
If we will see global rebound in next 2 days, FW20 might bounce of current levels (2145) back to around 2180.
Longer term outlook remains bearish.