DeGRAM

AUDCAD falling in channel

Short
FOREXCOM:AUDCAD   Australian Dollar/Canadian Dollar
My previous predictions came true.
First, the price rallied to the resistance line.
Then she pushed away from her and began to fall.
The fall continues.
The price has been moving in a falling channel (since the beginning of January).
Now it is at the upper border of the channel (resistance) at 0.980.
The price tried to break through the resistance, but dropped behind the line.
I expect the price to continue falling in the channel and come to support.
The target is 0.975.

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