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DeGRAM
Oct 28, 2020 8:18 AM

GBPCAD returns to the support line Short

British Pound/Canadian DollarFXCM

Description

My last analysis of this pair was on September 26th and then it came true.

Two weeks ago, the price came to the green support zone - the line crossing. This is a very strong support as one line was formed in 2018.

Therefore, it is not surprising that the price began to rise.
But there is a small line of resistance in its path.
I expect that the price will not be able to break this line.
He just touches her and then falls.
The target is the support line.

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Thank you for your support!



Comments
Solldy
Thank U a LOT!
DeGRAM
@Solldy, Welcome
TradingAlchemist
nice work friend
DeGRAM
@TradingAlchemist, Thanks bro
Lingrid
hmm interesting idea
DeGRAM
@Lingrid, Thank you.
StefanBode
Thanks for sharing.
DeGRAM
@StefanBode, Welcome.
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