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VladimirRibakov
Jun 11, 2019 1:10 PM

AUDCHF Buy Idea Short

Australian Dollar/Swiss FrancFXCM

Description

D1 - Price reached the bottom of the range, potential bullish divergence.

H4 - Price has reached a critical zone, bullish divergence. Until the critical zone holds we may expect bullish moves.

If the price moves higher and breaks above the downtrend line then it would be the first sign of bullish reversal.

More conservative options require a break above a significant high.






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