Weekly technical analysis (last quarter of 2020) #Global Market

Confined to a transverse area

Two channels overlapping waiting to be broken

Corrected to resume the decline from the broken support

Up in the bullish channel range on the daily

Positive attack with big buying momentum

Corrects for building on previously broken support

Selling inside the descending channel

In a descending channel and the correction is targeting to sell

It targets the correction to the upside and then to the downside, and you can buy from the resistance area

Weakness in the pair and significant negative momentum

It rose above support and selling from the main resistance

Momentum weak, lower resistance, and ready to descend