FieryTrading

AUD/CHF Broke Out of the Channel: Sky is the Limit

Long
OANDA:AUDCHF   Australian Dollar / Swiss Franc
AUD/CHF broke through the channel since it has been inside in since the corona recovery. Today, it finally broke out of it, launching itself upward.

Today's price action is such volatile that it makes me believe we will see more of this bullish behaviour in the near future, the sky is the limit.

Consider Resistance 1 and Resistance 2 as potential exits, but feel free to do your own DD.

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