Lingrid

AUDCAD FALL from strong RESISTANCE zone

Short
FOREXCOM:AUDCAD   Australian Dollar/Canadian Dollar
We continue to monitor the price movement of this currency pair.
First, let me remind you of some of my last predictions that came true.
First, it returned from the resistance level to the support line.

Then she took advantage of this line and began to grow.


And recently it has risen from the support level to the resistance line - there it has worked out a signal to buy plus.


And, as I said last time, the price touched the resistance zone and is now ready to start falling again


This is a pretty strong zone of resistance. The senior line in it has existed since May 2020.


Therefore, I believe that now the price will fall. The target is thus a support line.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻

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