AUDCHF falling from strong resistance
My last predictions for this pair (September, October and November) came true.
the price made 2 false breakouts of the strong resistance line and then dropped to support.
After this target was reached, the price moved up to the resistance line.
And as a result, it grew from the support line to the resistance line 0.664 and was able to break it.
The price is in a strong resistance zone right now. In addition to a small local area that has been formed by the highs since June this year, there is also a strong 2017 resistance line.
As you can see, the price has never broken through it.
I expect the price to fall from the 0.667 resistance zone to the 0.650 support zone.
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Thank you for your support!
the price made 2 false breakouts of the strong resistance line and then dropped to support.
After this target was reached, the price moved up to the resistance line.
And as a result, it grew from the support line to the resistance line 0.664 and was able to break it.
The price is in a strong resistance zone right now. In addition to a small local area that has been formed by the highs since June this year, there is also a strong 2017 resistance line.
As you can see, the price has never broken through it.
I expect the price to fall from the 0.667 resistance zone to the 0.650 support zone.
-------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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