DeGRAM

AUDUSD falling from resistance line

Short
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Recently the price touched the resistance line.
This is not the strongest line on the chart - from September 2020.
However, over the past few weeks, it has been holding back prices.
Together with an even smaller support line from the first week of November, they form a small upward channel.
Touches can be easily traced.
Recently the price rose to the resistance line 0.738 and started to fall.
The fall will continue in the channel.
I expect it to come to the 0.731 support line.

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