themarketzone
Long

Eyeing 0.71 as potential long entry zone

FX:AUDCHF   Australian Dollar/Swiss Franc
The bearish harmonic pattern and the daily downtrend line did their thing and $AUDCHF declined almost 300 pips from the Sell Zone towards the strong daily support zone near 0.71.

Now with secondary target almost in hand, 0.71 is becoming interesting as potential buy zone for a bullish continuation move that will lead AUDCHF             back to the downtrend line and perhaps towards the top of the weekly range (near 0.75)

Tomer, The MarketZone
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Tomer J,
The Market Zone - You trading Edge
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