TradingView
DeGRAM
Mar 4, 2024 8:41 AM

DeGRAM | AUDCHF in consolidation zone Short

Australian Dollar/Swiss FrancFXCM

Description

AUDCHF is in sideways movement on the D chart, indicating a consolidating market.

The market is trading in the descending channel; it rebounded along the border of the channel.

Price dropped from the level and 61.8% fibo retramcement level.

We might see some sharp moves from the resistance.


-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!
Comments
DeGRAM
Good luck in the markets and have a great trading week!
More