Multiyear ascending channel

2022년 5월 4일

Fundamentals:

1. Negative trade balance since 2014.
2. High crude oil prices failed to contain the negative current account.
3. Elections with eco-friendly candidates and one of them as favorite to win elections.

Technicals:

1. Multiyear support in weekly chart.
2. ADX and MACD are up..
3. Confirmed with three white soldiers weekly reversion from about 3650.