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TuanMSallay
Sep 29, 2019 5:37 PM

AUDCHF (AUSTRALIAN DOLLAR / SWISS FRANC) - Buy Now Long

Australian Dollar/Swiss FrancFXCM

Description

First of all want to mention as AUDCHF is in down trend and as swing traders there is a price reversal opportunity in daily chart where we can have buy trade.

Let me explain you; If you can see there is a very strong support at 0.66913 where couple of time tested and its already hit the 0.786 fibo level as well. In the meantime previous day candle is closed as a inverted hammer where we will get a bullish signal. So we have few confirmation that where we can go for a Buy Order.

Note: Trade at your own risk and this analysis is not based on fundamental.

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