We have entered the week of December 23-31. Last week, we could not find critical thresholds, unfortunately important supports were broken and reached the 0.26220 channel support. This week, I will watch the range of 0.32622 - 0.26952 and 0.3272 - 0.36526. The Wt_Cross indicator is still negative on the Daily and Weekly unfortunately. The indicator is upward on 4H, so I am hopeful in the above ranges this week.
On the liquidation map, I see 243M shorts as the majority, and 206M longs in the 0.272 range. The possibility of upward direction on the weekly gives hope in this map. There is a new moon on December 30 and the major and minor channels intersect on the 28th, we may be coming to the end of the declines.
Trend Analysis

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