Last week’s analysis expected an upwards week as price swings from support up to resistance.
A little more downwards movement was expected for the week but did not happen. Price remains within a consolidation zone.
Downwards movement was expected for the last week, which is exactly what has happened.
Overall, a downwards swing was expected, with a small bounce to about 61.22 expected first. The bounce did not happen. Downwards movement has continued.