AUDCHF update idea - growth
In my September 16 forecast, we discussed that the price made 2 false breaks of a strong resistance line, but failed to break it.
And they waited for a fall to the support line.
After this goal was achieved, I made a forecast on October 26, where I expected the price to rise to the resistance line and then fall.
At the moment, the price has made half the way to the previous target - it has grown.
However, I am correcting my idea.
There is a strong support line on the chart (appeared in 2015). The price is on it.
Now I expect the price to rise from the support line to the resistance line (also strong).
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
And they waited for a fall to the support line.
After this goal was achieved, I made a forecast on October 26, where I expected the price to rise to the resistance line and then fall.
At the moment, the price has made half the way to the previous target - it has grown.
However, I am correcting my idea.
There is a strong support line on the chart (appeared in 2015). The price is on it.
Now I expect the price to rise from the support line to the resistance line (also strong).
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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🔻FREE Telegram channel🔻
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