AUDCHF TARGET SELL

18 thg 2, 2021

In a strong upward channel, the price has been moving since October 2020. During this time, there were several minimal breakouts of both lines, but most of the time the price is in the channel. Often not even touching its boundaries. After the price touched the 0.678 support line in January, it is in the process of growth and is now moving in the middle of the channel. I expect that first of all the price will rise to its upper border - the resistance line and from the 0.706 point will turn in the fall. Thus, my final target is the 0.691 support line.