AUDCHF continuing movement in channel
The price has been in a growing channel since November 2020.
During this time, there was not a single serious breakdown of the lines.
But in February the price broke through the level of 0.692.
This is a historically strong level.
Now it acts as a support for the price.
At the end of last week, the price came to resistance (the upper channel line).
And now it is in the area of 0.711.
From this point, I expect a fall to support (level + channel line).
The target is 0.692.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
During this time, there was not a single serious breakdown of the lines.
But in February the price broke through the level of 0.692.
This is a historically strong level.
Now it acts as a support for the price.
At the end of last week, the price came to resistance (the upper channel line).
And now it is in the area of 0.711.
From this point, I expect a fall to support (level + channel line).
The target is 0.692.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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