EURAUD reversal from SUPPORT level and GROWTH

The price of this currency pair continues to fall in the channel that formed in September last year. The channel has a strong slope and the price movement is fairly steady. During the movement, the price regularly touches the support line and the resistance line.

However, during the fall, the price reached support level 1.536. The price first broke through the level, but then bounced off the 1.524 support line and rose above it. After that, the line of resistance touched and again fell to the level. And now I expect the price to bounce off the level and rise to the resistance line 1.552. This will be our goal.

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