AUDUSD Growth in channel
Since April 2020, the price has been in a growing channel.
After the price broke through the support 0.717 in November, there was not a single breakout in the channel.
Another important chart line: resistance from February 2020.
Last week the price dropped from the resistance zone of 0.801.
She came to support 0.770.
I expect first a correction to the line and then a rise to resistance.
The target is 0.809.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
After the price broke through the support 0.717 in November, there was not a single breakout in the channel.
Another important chart line: resistance from February 2020.
Last week the price dropped from the resistance zone of 0.801.
She came to support 0.770.
I expect first a correction to the line and then a rise to resistance.
The target is 0.809.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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