The price perfectly fulfilled my last idea. It hit the target.
AUDCHF
is in the downward channel, and now the price is updating the swing lows. It's heading towards the resistance zone and upper channel border after testing the support. I look for a test of the support and more downward moves because the trend on the daily timeframes is bearish. I expect a fake breakout of the range zone to grab liquidity above, then continue trending downward. My goal is the support level at 0.56780
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
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