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VasilyTrader
Oct 4, 2023 12:01 PM

AUDCHF: Important Breakout & Very Bearish Pattern 🇦🇺🇨🇭 Short

AUD/CHFOANDA

Description



Take a look at a strong rejection from a key horizontal daily resistance on AUDCHF.
After a test of 0.5925 level the market dropped and violated a support line of a rising parallel channel.

Taking into consideration that the pair is trading in a long term bearish trend,
probabilities are high that the market will drop now.

Goals: 0.577 / 0.567

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Comments
ProjectSyndicate
excellent market timing
TheFxAce
Solid sell idea. How do you combine fundamental and technical analysis?
TopTradingSignals
Best of luck bro!
Darius_trader
Thanks for sharing. Accurate analysis
VasilyTrader
Are you bearish on AUDCHF?
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