If we remove the news on Iran, then others immediately pop up, today it became known that Saudi Aramco will reduce selling prices for consumers from Asia, and all due to the case is associated with a worsening epidemiological situation in the region. So, in India, at the end of the past day, another anti-record was set for the number of cases and deaths from coronavirus infection: 412.2 thousand new cases and 3.98 thousand deaths were detected, as a result of which the ****** authorities agreed to introduce a nationwide lockdown in the coming days. In general, speculators are not in an easy situation, on the one hand, the market is under threat, on the other hand, their desire to play on rumors, they say there is a vaccine, something to fear, and on the cries of states about the rapid recovery of the world economy.
Still, they are trying to build a movement within the ascending channel. We managed to test the horizontal resistance level 66.30-40 and now the correction is fully worked out to the horizontal level 65.20-30 . It remains to either resume the upward movement, or move inside the channel for a decline and test the lower boundaries of the upward channel. It is preferable for the buyer to get out and consolidate above the tested resistance level 66.30-40 , but let's see how possible it will be after exiting both the upper border of the channel. The option to get a decline on the exit from the ascending channel with the breakdown of the lower border is also possible, but here the main obstacle is the horizontal support level 62.80-85.
Attachment 371778Attachment 371777