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Adefxc

AUD/CHF BULL PHASE ENDING

Short
Australian Dollar / Swiss Franc (FX:AUDCHF)  
Adefxc  
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Chart Patterns aud chf AUDCHF audchfshort fx forexsignals tutorial
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trendanalysis chartpattern aud chf audchf audchfshort fx forexsignals tutorial
The AUD/CHF ended his bull run a few weeks ago by breaking below the lower trendline (dynamic support). The price since then has been in a recurrent accumulation phase (looking like a pennant/flag).

This could either be bulls surrendering to the bears or buyers preparing for another phase to pump the price higher. The pair is worth looking into.
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