AUDCAD fall from strong resistance zone
After the price came to the support line, it rallied to the resistance zone.
We opened a sell from the resistance zone and the price continues to form a trade.
It is in the resistance zone at the intersection of two lines.
One of these lines was formed in May 2020.
The price fixed on this zone in a series of touches.
This strong resistance will be a barrier to growth. I expect the price to fall.
Target - support line around 0.924.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
We opened a sell from the resistance zone and the price continues to form a trade.
It is in the resistance zone at the intersection of two lines.
One of these lines was formed in May 2020.
The price fixed on this zone in a series of touches.
This strong resistance will be a barrier to growth. I expect the price to fall.
Target - support line around 0.924.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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t.me/DeGRAMForex
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