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DeGRAM
Jan 1, 2024 9:27 AM

DeGRAM | AUDCHF trend continuation opportunity Short

Australian Dollar/Swiss FrancFXCM

Description

AUDCHF is consolidating near the confluence level: fibo level + resistance.

Price action has previously reacted to that zone two times and dropped from it.

The market broke and closed below the consolidation zone.

We expect a breakout pullback and continuation trade.


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Comments
DeGRAM
Good luck in the markets and have a great trading week!
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