AUDUSD stop on resistance level/ Fall

21 янв. 2021 г.

After the collapse last spring, the price began to move in a growing trend.
In November, it touched support at 0.727 and began to grow.
During the growth, the price came to the resistance level.
After a false breakout, I found myself on it again.

This is a historically strong level.
The last breakdowns were in 2017.
The price came close to the resistance level of 0.775.
tried to break it but was stopped by the resistance 0.782.
The price has returned to the level and I expect a fall to support.
The target is 0.757.


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