DeGRAM

DeGRAM | AUDCHF move against the major trend

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF has reached a support level at 0.57000 , which is a psychological level as well.

The market is pulling back against the major bearish trend; the projected pullback is equal to the previous pullback that occurred before.

Price is likely to continue moving down since the major trend is bearish.

We expect selling opportunities at the resistance level and fibo golden zone.


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