⚠️ AUDUSD return to channel and fall
My past predictions have come true.
First, the price broke through the border of the growing channel.
And began to move downward.
Then she began to grow in a small growing channel.
And as a result, it grew to the resistance (upper line of the falling channel) 0.775.
The price came to the resistance point 0.775.
This zone is composed of the falling channel line (December 2020) + the 2018 line.
The price has broken through this zone, but I expect the breakout to be false.
I expect the price to return to the channel and break the two support lines 0.769 and 0.760.
And it will go down to the channel support line.
The target is 0.753.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
First, the price broke through the border of the growing channel.
And began to move downward.
Then she began to grow in a small growing channel.
And as a result, it grew to the resistance (upper line of the falling channel) 0.775.
The price came to the resistance point 0.775.
This zone is composed of the falling channel line (December 2020) + the 2018 line.
The price has broken through this zone, but I expect the breakout to be false.
I expect the price to return to the channel and break the two support lines 0.769 and 0.760.
And it will go down to the channel support line.
The target is 0.753.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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