AUDUSD fall from strong resistance zone

٢٦ يناير ٢٠٢١

The price started to fall from the resistance level, as I said last time.

The price is in a strong resistance zone at 0.774.
The zone consists of lines from 2015 and 2014.
+ strong resistance level.

This is a historically strong level.
The last breakdowns were in 2017.
The price came close to the resistance level of 0.775.
I expect the price to fall from the strong resistance zone at 0.774.
It will drop to the support level.
The target is 0.749.


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