AUDUSD growth in channel
In the spring of last year, the price collapsed.
It stopped at the 0.573 support and started to rise.
During the growth, the price formed a channel (from June 2020).
Over the past half of the year, there have been several false breakouts of the channel lines.
The price dropped from the resistance at 0.796.
After that, it came to support (the lower line of the channel) 0.763.
I expect growth from this line to resistance.
The target is 0.803.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
It stopped at the 0.573 support and started to rise.
During the growth, the price formed a channel (from June 2020).
Over the past half of the year, there have been several false breakouts of the channel lines.
The price dropped from the resistance at 0.796.
After that, it came to support (the lower line of the channel) 0.763.
I expect growth from this line to resistance.
The target is 0.803.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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