FieryTrading

AUD/CHF Resistance Held: Bearish Signal

Short
OANDA:AUDCHF   Australian Dollar / Swiss Franc
AUD/CHF failed to pierce through the resistance area around 0.671, which has been holding strong since early June. This reversal is our signal to open a short position, with the targets around Support 1 and Support 2.

If you're feeling very lucky, you might ride it out till the bottom, support around 0.64, which is bit too risky for me.

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