ForecastCity

Don't miss the great sell opportunity in AUDCHF

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.64). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDCHF is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.

Take Profits:
TP1= @ 0.6323
TP2= @ 0.6234
TP3= @ 0.6072

SL: Break Above R2

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