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BlueberryMarkets
Dec 12, 2018 12:28 PM

AUDCHF CHANGE IN TREND Short

Australian Dollar/Swiss FrancFXCM

Description

Similarly to the AUDCAD set up, AUDCHF has changed cycle on the Daily chart. The moving averages have crossed bearish and the market looks set to re-test the averages and key 61.8 fib retracement.
If we see bearish price action here we can look for further short trades in line with trend.
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