DeGRAM

AUDCHF continuing movement in channel

Short
FOREXCOM:AUDCHF   Australian Dollar / Swiss Franc
The price has been in a growing channel since November 2020.
During this time, there was not a single serious breakdown of the lines.
But in February the price broke through the level of 0.692.
This is a historically strong level.
Now it acts as a support for the price.
At the end of last week, the price came to resistance (the upper channel line).
And now it is in the area of 0.711.
From this point, I expect a fall to support (level + channel line).
The target is 0.692.


--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.