USDCHF FALSE breakdown and GROWTH

Uena of this currency pair has been moving in a global downtrend for a long time. Two narrowing resistance and support lines are correcting price movements in the next trend.

The support line is quite strong - it has existed on the chart since 2017 and has been quite successfully stopping the price decline all this time. This is clearly seen in the last few months - since July - each time the price reverses to the line.

This time, the price touched the resistance line at 0.893 and was able to break it. One already becomes clear that this is an insignificant false breakout after which the price is going to grow again. I expect that now the price will start to rise again during the growth, break this line once again, fix on it by means of a rollback and then rise to resistance.

Thus, the expected target is the resistance line 0.906.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻