VasilyTrader

AUDCHF: Key Moment For Pair

Long
FX:AUDCHF   Australian Dollar / Swiss Franc

AUDCHF is trading in a decision zone.
0.66 is a key level of resistance and the reaction of the market to this level matters for us.

in case of a bullish breakout of the underlined area, we will expect with you a bullish continuation to higher levels of structure
and bias with switch to bullish.
the goal will be 0.665

in case of a bearish breakout of a rising channel the market will keep falling lower and for us it will be a perfect opportunity to short.
the goal will be 0.653

let the market decide and then act accordingly!
good luck!

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