AUDUSD break support zone / Fall
After the price broke through the support line at 0.747, it came to the resistance line at 0.782.
I could not pierce it and began to fall.
Strong line of resistance since summer 2020.
All touches of the line price ended in a fall (the only breakout is false).
The price started to fall from the strong resistance at 0.782.
Now I expect the price to move in several stages.
First, she will come to the support zone 0.764 (zone + support line)
Will fix on it and break through this zone, fix at the line 0.767.
Then it will fall to the support line.
The target is 0.757.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
I could not pierce it and began to fall.
Strong line of resistance since summer 2020.
All touches of the line price ended in a fall (the only breakout is false).
The price started to fall from the strong resistance at 0.782.
Now I expect the price to move in several stages.
First, she will come to the support zone 0.764 (zone + support line)
Will fix on it and break through this zone, fix at the line 0.767.
Then it will fall to the support line.
The target is 0.757.
---------------------
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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