DeGRAM

⚠️ EURAUD fall in channel

Short
FOREXCOM:EURAUD   Euro / Australian Dollar
Both of my past predictions came true.
The price first broke through the intersection of the channels.
Then it grew from this support to the resistance of the older channel.
At the beginning of the month, the price broke through the channel crossing zone at point 1.540.
After that, it fixed on the support line of February 2021 at 1.542.
During the growth, the price stopped at the resistance of the older channel 1.567.
I expect the price to fall from this line.
The target is 1.547.

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