AUDCHF falling from strong resistance

30 нояб. 2020 г.

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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