AUDCAD starts FALLING from RESISTANCE line
Most recently, the price broke through the support level and moved higher towards the resistance line. I want to remind you that these level and line together constituted a rather strong resistance zone. Since the line has existed for more than half a year - since May 2020 - and the first serious breakout happened only in October, when the price fell sharply.
Breaking the level is a drastic movement for the price that requires a lot of strength. Therefore, now I expect the price to fail to break the resistance line at 0.959.
I expect her to fall. In the process, it will break through the level and come to the support line 0.954.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Breaking the level is a drastic movement for the price that requires a lot of strength. Therefore, now I expect the price to fail to break the resistance line at 0.959.
I expect her to fall. In the process, it will break through the level and come to the support line 0.954.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
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🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.