EURAUD fall to strong support

2021年1月29日

The price moves in a falling channel.
The channel began to form in October 2020.
During this time, the price did not make a single breakdown of the channel lines.
During the fall, she came to support 1.559.
And stuck on it.

This line began to take shape in 2019 and has acted as a support all this time.
The price touched the support line and rose to the resistance of 1.590.
This is the falling channel line.
I expect the price to fall from this resistance.
It will return to support.
The target is 1.560.

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