DeGRAM

AUDCAD growth from strong support to resistance

Long
FOREXCOM:AUDCAD   Dollar australien/Dollar canadien
The price moves as I said in previous forecasts
At first, the price dropped to the support line.
Then she pushed away from her and grew to resistance.
As a result, the price dropped from the 0.979 channel line to the 0.965 support.
The price is moving in the strong support zone of 0.965.
In this zone, the falling channel line (from January 2021) + the support level is crossed.
I expect growth from this zone to the resistance zone.
The target is 0.975.

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