#AUDCAD 19 04 2021
Over the year starting in April 2020, the price has risen in an uptrend. The growth began after the breakdown of the support level of 0.915. After that, the price successively broke through the 2012 support line - 0942, then the 2019 resistance line - 0.962. And as a result, it stopped at the resistance line of January 2012 at 0.998. And from this point a new fall began. Having fallen from the strong resistance of 0.998, the price broke through the resistance line at 0.971 again. after which it stopped at a small support line in August 2020 - 0.954. It fixed itself on it and again grew to resistance. Now the price is at the resistance points of 0.972 and I expect it to fall again. Thus, my final target is the 0.955 support line.
Over the year starting in April 2020, the price has risen in an uptrend. The growth began after the breakdown of the support level of 0.915. After that, the price successively broke through the 2012 support line - 0942, then the 2019 resistance line - 0.962. And as a result, it stopped at the resistance line of January 2012 at 0.998. And from this point a new fall began. Having fallen from the strong resistance of 0.998, the price broke through the resistance line at 0.971 again. after which it stopped at a small support line in August 2020 - 0.954. It fixed itself on it and again grew to resistance. Now the price is at the resistance points of 0.972 and I expect it to fall again. Thus, my final target is the 0.955 support line.