It was just the aforementioned that price reached yesterday, setting another lower low. Within the consolidation we can notice a smaller downward trend, where the lows and highs shown in the chart below are formed at lower and lower levels.
It is possible we will see a further rebound from . However, if the downward trend is to continue, after a short break area around 43.30 may be broken. It would then open way to key support around the $40.