⚠️ AUDCHF second breakout - false / Growth
Despite the presence of a false breakout, my previous prediction came true.
The price touched the resistance at 0.717 and fell back to the support at 0.708.
The price is moving in an upward trend (October 2020).
After the breakdown of the trend in March 2021, it bounced off the strong pulling down of the resistance at 0.724.
It returned to the trend, broke through the resistance at 0.714 and fell to support 0.708.
The price made two false breakouts of this line.
After the second breakout, I expect a rise to resistance.
The target is 0.721.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The price touched the resistance at 0.717 and fell back to the support at 0.708.
The price is moving in an upward trend (October 2020).
After the breakdown of the trend in March 2021, it bounced off the strong pulling down of the resistance at 0.724.
It returned to the trend, broke through the resistance at 0.714 and fell to support 0.708.
The price made two false breakouts of this line.
After the second breakout, I expect a rise to resistance.
The target is 0.721.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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