AUDCHF holds below the 0.66 level

OANDA:AUDCHF   Australian Dollar / Swiss Franc
Price previously held above this level and finally broke lower on September 21st. After returning to this level, price attempted to push higher but ultimately closed lower for the past few sessions. Currently not seeing any significant bullish bars being formed so downside momentum expected.

Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions.
Often the contrarian. Looking to take structural directional moves with high R potential in order to sustain a lower win rate. Reachable via DM and Twitter.


Great analysis! Upvoted
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