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AUDCHF Long Position

Long
Australian Dollar / Swiss Franc (FX:AUDCHF)  
vf_investment  
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators AUDCHF Forex rsi_oversold Falling Wedge Fibonacci Retracement vf_investment
2
0
trendanalysis chartpattern indicator audchf forex rsi_oversold fallingwedge fibonacciretracement vf_investment
The price has formed a falling wedge pattern. We expect the price to keep following this trend. RSI is under the 30 threshold, this indicates that AUDCHF is oversold. We are looking for 50% Fibonacci retracement.

Target: 0.688
Entry: 0.674
S&L: 0.669
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