XNGUSD: Uptrend

XNGUSD: Daily

In the Daily timeframe, XNGUSD, which is in a long-term uptrend, has fallen to the trend line and is testing MA100. Meanwhile, the Stochastic has exited the oversold zone, and the CCI is also ready to exit it.

• A breakdown of the trend line below the support at 3.550 will start the fall to 3.000;

• A rebound from the trend line will bring the price back to 4.000 and further to 4.300;