MCOUSD

From the mid-term investment perspective.

Support is on the uptrend line and resistance on the downtrend line.

It is located near the Yondu Line, the short-term uptrend line, and 3.90656900.

If the price rises along the up-and-coming yellow-green uptrend line, it is expected to break the downtrend line around December 2.

If you settle at 5.21961978, there is a good chance you will continue to climb and challenge the 8.00840600.

If it falls, it is likely to be supported by the uptrend line.