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avisfx

AUDCHF: Potential Formation of "Head & Shoulders" Pattern

Short
Australian Dollar / Swiss Franc (FX:AUDCHF)  
avisfx  
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Head and Shoulders
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trendanalysis headandshoulders
We have identified a favorable setup on the AUDCHF pair. We will place a sell order at the psychological price level of 0.58900. This price level also has the potential to serve as a resistance area and form the neckline of a Head and Shoulders pattern.
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