Hello traders. On this 4H analysis of AUDCHF, we have an ascending trendline setup with a buy zone identified in the 0.63700 region. Price has already tested this zone and we are now awaiting a retest and rejection to get a good entry point. A good place where price may go next would be to the resistance level in the 0.65000 region.
If the trendline breaks then the support level in the 0.62800 region would be the alternative target.
If the trendline breaks then the support level in the 0.62800 region would be the alternative target.