CADJPY start FALL from RESISTANCE

After the price bounced off the support line at 79.31 on November 22, it showed a fairly steady rise. During this growth, the price was able to break through a small support-resistance zone, which formed at the highs of the chart back in August.

The zone served as a correction for the price, but after that the price returned to growth anyway and as a result the price came to the resistance line at 81.54. This resistance line has existed since May 2020 and is currently one of the strongest on the chart.

As you can see, the price has already stopped within its limits and for the last three days it has shown a weak flat movement along the line.

During this time, she has already touched the line three times, which I perceive as a good correction to the line. Now we can say that the price is going to fall.

I expect the price to drop from the resistance back to the support zone around 80.60.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻