AUDUSD open sell trade

١٨ نوفمبر ٢٠٢٠

Most recently, the price broke through the resistance line, which is also the lower line of the upward channel.

This is a strong line that has been around since April 2020.

And now the price touches it again at the point 0.732, thereby leaving the channel.
The price behavior in recent days, as well as the fact that the line is one of the strongest on the chart, indicates that the price may fall.
As I did in October, for example.
And so I'm going to sell.
SL - set above the price around 0.748.
TP - looking for the support level - 0.713.

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