TradingView
ForecastCity
Sep 26, 2019 1:10 PM

Don't miss the great buy opportunity in AUDCHF Long

Australian Dollar/Swiss FrancFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6700). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.

Take Profits:
TP1= @ 0.6773
TP2= @ 0.6845
TP3= @ 0.6945

SL= Break below S2
More