While the price is above the support 19.65, resumption of uptrend is expected.
We make sure when the resistance at 26.20 breaks.
If the support at 19.65 is broken, the short-term forecast -resumption of uptrend- will be invalid.
The downtrend #1 is broken, so the probability of resumption of uptrend is increased.
While the resistance #2 at 64 is not broken, the probability of price increase would be too low.
A trough is formed in at 22.85 on 10/06/2020, so more gains to resistance(s) 25.65 and maximum to Major Resistance (26.20) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
( ) is 53.
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