The price is approaching the upper bound of the yellow channel. It is likely that in the near future we will see a re-touch of the upper yellow bound near the level of 121.42, after which a reversal is possible and the beginning of a decline in the direction of the support level of 118.23. Confirmation that the bears really aimed to reach the specified support level will be a moving average breakdown near the level of 120.543. If there is a break above the level 121.425, the downward scenario can be canceled.The price is approaching the upper bound of the yellow channel. It is likely that in the near future we will see a re-touch of the upper yellow bound near the level of 121.42, after which a reversal is possible and the beginning of a decline in the direction of the support level of 118.23. Confirmation that the bears really aimed to reach the specified support level will be a moving average breakdown near the level of 120.543. If there is a break above the level 121.425, the downward scenario can be canceled.