SonicDeejay

AUD/CHF (This good setup can help you make $$)

Short
OANDA:AUDCHF   Australian Dollar / Swiss Franc
View On AUD/CHF (24 March 2019)


The risk-off attitude shall trigger this pair to go lower. This pairs shall be in the downtrend for a few weeks at least.

We just have too much overhead resistant above. The areas such as 0.709 and 0.72 will resist well. Every decent bounce up is a good chance to sell now.

As it goes lower, it should retest 0.7010 soon. Just mind the swap before taking any positions.




DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!



Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.

DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.