AUDUSD try break resistance but fall

2020년 12월 17일

A few days ago, the price made a false breakout of the resistance line.
This line has existed since 2019.

The price had no more than three touches of this line.
Each time it turned around.
In my opinion, a false breakout is not a reason to expect growth.
I expect the price to fall again after the breakout.
Since there is no reason for growth in the form of strong support.
I expect the price to reverse and fall towards the next support.
The target is 0.747.

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