AUDCAD grow from support
At the end of last year, the price broke through the 0.971 support line.
Then it came to the strong resistance at 0.989.
This is the 2019 line.
During this time, there was only one breakdown of it.
After touching the line, the price dropped to support again.
Support is slightly below resistance (March 2020).
Although the price has repeatedly broken through the line, this time I expect it to start rising from the support.
Since this movement is part of a growing trend.
+ the price has already started to rise from the line.
After the price fell from the resistance of 0.989 and touched the support at 0.971, I expect an increase.
The price will rise and return to resistance.
The goal is 0.990.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Then it came to the strong resistance at 0.989.
This is the 2019 line.
During this time, there was only one breakdown of it.
After touching the line, the price dropped to support again.
Support is slightly below resistance (March 2020).
Although the price has repeatedly broken through the line, this time I expect it to start rising from the support.
Since this movement is part of a growing trend.
+ the price has already started to rise from the line.
After the price fell from the resistance of 0.989 and touched the support at 0.971, I expect an increase.
The price will rise and return to resistance.
The goal is 0.990.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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