USDCAD grow to resistance
Since the spring of last year, the price has been falling.
The fall corrects the resistance line (also formed in March).
During the fall, it managed to break through the resistance line at 1.296.
Now the price has come to a strong support line.
This line began to form in 2018.
During this time, there were only small false breakouts.
In my opinion, the price will not be able to seriously break the line.
I expect it to grow from support to resistance.
The goal is 1.281.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The fall corrects the resistance line (also formed in March).
During the fall, it managed to break through the resistance line at 1.296.
Now the price has come to a strong support line.
This line began to form in 2018.
During this time, there were only small false breakouts.
In my opinion, the price will not be able to seriously break the line.
I expect it to grow from support to resistance.
The goal is 1.281.
---------------------
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🔻
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t.me/DeGRAMForex
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