MujkanovicFX

AUDCHF Potential Sell, Watch Out for SHS Trigger

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
The AUDCHF pair is trading in the upper range of a falling channel and has formed an SHS pattern as described in one of our previous analysis (idea attached below.)

While the first attempt to break below the pattern failed, now we have a secon right shoulder that shows a strong selling momentum and may have enough power to break below the neckline.

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