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VasilyTrader
Apr 5, 2024 7:54 AM

AUDCHF: Classic Trend-Following Confirmation 🇦🇺🇨🇭 

AUD/CHFOANDA

Description



AUDCHF is trading in a bullish trend.
After the price set a new higher high on a daily, the market
retraced to a key horizontal support.

This morning, the price formed a tiny cup & handle formation on that.
Its neckline was broken after a release of CHF fundamentals.

We can expect a trend-following movement now.
Goal - 0.59766

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Comments
VasilyTrader
Are you bullish on AUDCHF?
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