Good morning traders, today we bring you an update of this analysis that we posted a few days ago when the price was facing the downtrend line of the channel.
🔸There was a clear rejection of the trend line, which was what we were waiting to confirm its continuation.
🔸At this moment, the price is facing the previous low, which we could consider as a support zone.
🔸Although there are high possibilities of break, the safest thing would be to wait for it, and look for a setup below it.
🔸The potential target of the move is the next support zone.