There is text book technical analysis on the chart. It is moving steadily to the lower support of the channel 135 usd.
Watch for the neckline.
We are at the resistance of channel. There is a bearish engulfing pattern. I'm thinking of waiting until the lower support at around 140 usd.
Breakout is confirmed. There is a gap during breakout so strong formation. The price target is all the way up to 1595.
In terms of USD, XU100 is targeting 320 again.
