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DylanMorgan
Dec 23, 2017 12:20 AM

AUDCHF & NZDCHF Both Setting Up for Short Short

Australian Dollar/Swiss FrancFXCM

Description

In the 2018 trading year I will be looking for both of these pairs to fall short.

Comment

watch for this reversal pattern to complete on NZDCHF

Comment


GBPCHF has broken down nicely. If you haven't entered the trade already watch for another flag to follow price to the downside.

Comment


AUDCHF is now testing the bottom of the ascending channel. If we see an aggressive move to the upside I will not look to go short here, although, if price forms a continuation pattern I will look for price to continue to the downside.

Comment

*The post before the last should be NZDCHF not GBPCHF*
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