While the price is above the support 1901.20, resumption of uptrend is expected.
We make sure when the resistance at 2075.05 breaks.
If the support at 1901.20 is broken, the short-term forecast -resumption of uptrend- will be invalid.
The symmetrical triangle taking shape and as a continuation pattern suggests we will soon see another leg higher if price breaks and closes above the downtrend line of the triangle.
While the support #1 at 45 is not broken, the probability of price decrease would be too low.
A peak is formed in at 1991.10 on 09/ 01 /2020, so more losses minimum to Major Support (1901.20) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
( ) is 52.
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