EURAUD fall to strong support
The price moves in a falling channel.
The channel began to form in October 2020.
During this time, the price did not make a single breakdown of the channel lines.
During the fall, she came to support 1.559.
And stuck on it.
This line began to take shape in 2019 and has acted as a support all this time.
The price touched the support line and rose to the resistance of 1.590.
This is the falling channel line.
I expect the price to fall from this resistance.
It will return to support.
The target is 1.560.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The channel began to form in October 2020.
During this time, the price did not make a single breakdown of the channel lines.
During the fall, she came to support 1.559.
And stuck on it.
This line began to take shape in 2019 and has acted as a support all this time.
The price touched the support line and rose to the resistance of 1.590.
This is the falling channel line.
I expect the price to fall from this resistance.
It will return to support.
The target is 1.560.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
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