DeGRAM

AUDUSD growth after short fall

Long
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
The price dropped in the direction of the support line, as I said in my previous forecast.
After the fall, without touching the support line yet, the price corrected (short growth) and is now ready to fall again.
The support line to which the price is moving is young (October 2020).
But after the breakout in early November, the price has never gone beyond its limits.
I expect the price
The first is the drop to support at 0.734.
Second, it will rise to the resistance at 0.745

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