If AUDCHF comes back up, I will be entering short at around 0.7077. Price should bounce off several predictive indicators. A previous resistance line, A Trend line, a 0.5 Fib level, a daily pivot point, and the 200 ma on hourly.
I will be putting my stop just above 0.71 - a double zero level, Another potential resistance point.
I will be putting my stop down at 0.69700 just before a significant support level
You could probably go long on the 0.69700 level too.
There is no news scheduled for the day.
Good luck traders!
I will be putting my stop just above 0.71 - a double zero level, Another potential resistance point.
I will be putting my stop down at 0.69700 just before a significant support level
You could probably go long on the 0.69700 level too.
There is no news scheduled for the day.
Good luck traders!