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DeGRAM
Nov 26, 2020 6:58 AM

AUDUSD falling from resistance line Short

Australian Dollar / U.S. DollarFOREX.com

Description

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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Thank you for your support!
Comments
Solldy
Good thoughts!
DeGRAM
@Solldy, Thank you bro
Qaloqboy
it seems like it ain't falling now
TradingAlchemist
another nice job friend
DeGRAM
kquistor
Thankfull
Lingrid
cool forecast
DeGRAM
@Lingrid, Thanks a lot
InkyGrip
Well done! 👍🏻🦐👊🏻
DeGRAM
@plancton0618, Thanks
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