DeGRAM | AUDUSD Breakout or False Breakout?

The Australian dollar has rested against the support of the rising channel at 0.775. The instrument at the moment of time is in the range, that is, it is gaining energy for further movement, a false breakdown is a property of gaining energy. Therefore, in the near future, I expect from the currency pair a false breakdown of the lower border, seizure of liquidity, a return for the upward support level and the achievement of the nearest target - resistance 0.8000