41.70 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
We will close our open trades, if the Midterm level 41.70 is broken.
The bounced from the resistance #1 at 55 and it prevented price from more gains.
A peak is formed in at 43.65 on 10/15/2020, so more losses to support(s) 36.95, 33.80, 19. 40 and more depths is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
( ) is 32.
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