AUDCAD breakdown support line and grow
From November to December, the price moved in a small upward channel.
The channel support line was a strong line (July 2020).
At the beginning of this week, the price broke through the line and fell into the support zone.
Corrected the fall and consolidated in the zone.
From the support zone of 0.951, the price began to grow, managed to break through the support line and now returned beyond its limits.
I expect the price to come to the resistance line. Target - 0.959.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The channel support line was a strong line (July 2020).
At the beginning of this week, the price broke through the line and fell into the support zone.
Corrected the fall and consolidated in the zone.
From the support zone of 0.951, the price began to grow, managed to break through the support line and now returned beyond its limits.
I expect the price to come to the resistance line. Target - 0.959.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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