DeGRAM

DeGRAM | AUDCHF selling opportunity from kill zone

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF broke and closed above the descending channel.

Price previously dropped from this level.

The market is in a bearish trend on the 4-hourly chart as well as on the daily.

We expect a false breakout of the resistance, meaning a liquidity grab above the level and a bearish move.


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