DeGRAM

AUDCAD breakdown support line and grow

Long
FOREXCOM:AUDCAD   Australian Dollar/Canadian Dollar
From November to December, the price moved in a small upward channel.
The channel support line was a strong line (July 2020).
At the beginning of this week, the price broke through the line and fell into the support zone.
Corrected the fall and consolidated in the zone.
From the support zone of 0.951, the price began to grow, managed to break through the support line and now returned beyond its limits.
I expect the price to come to the resistance line. Target - 0.959.

--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.