AUDJPY 12 03 2021
AUDJPY 12 03 2021
March for the price began with a false breakdown of the resistance line at 83.83, then there was a strong price collapse, an attempt to break through the support line at 82.31. After that, the price finally returned to the uptrend, which has been adhered to since November 2020. During the growth in this trend since the beginning of March, the price again reached the resistance line and touched it at 84.78. It is already clear that the price reversed from this line and showed a slight downward movement.
March for the price began with a false breakdown of the resistance line at 83.83, then there was a strong price collapse, an attempt to break through the support line at 82.31. After that, the price finally returned to the uptrend, which has been adhered to since November 2020. During the growth in this trend since the beginning of March, the price again reached the resistance line and touched it at 84.78. It is already clear that the price reversed from this line and showed a slight downward movement.
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