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themarketzone

New weekly trend - Potential pullback ahead

Australian Dollar / Swiss Franc (FX:AUDCHF)  
themarketzone  
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns AUDCHF AUDUSD DXY USDCHF
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trendanalysis harmonicpatterns chartpattern audchf audusd dxy usdchf
The chart shows how AUDCHF had a shift in trend few weeks ago when the price closed below a weekly uptrend line and was rejected by it.
The confirmation signals came few weeks after the breakdown of the trend

Now AUDCHF is testing a potential support zone (harmonic patterns)
Potential pullback to the MA lines from here

Read more about this setup and others in my weekly newsletter #WeeklyMarketsAnalysis

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