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DeGRAM
Mar 9, 2021 9:15 AM

AUDUSD growth in channelΒ Long

Australian Dollar / U.S. DollarFOREX.com

Description

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In the spring of last year, the price collapsed.
It stopped at the 0.573 support and started to rise.
During the growth, the price formed a channel (from June 2020).
Over the past half of the year, there have been several false breakouts of the channel lines.
The price dropped from the resistance at 0.796.
After that, it came to support (the lower line of the channel) 0.763.
I expect growth from this line to resistance.
The target is 0.803.

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Comments
Lingrid
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obviously we can talk about growth
glad our thoughts converge
πŸ‚
KABHI_FOREX_TRADING
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It’s worth a shot..Good Work..
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