OANDA:AUDCHF   Australian Dollar / Swiss Franc
The long-term trend for AudChf is clearly down and after the V shape recovery from 0.54 low the pair spent the last 4 month in a consolidation.
Now this range is broken down and I expect a continuation south.
In my opinion, rallies should be sold in search of a R:R of more than 1:2
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Comments

clean breakdown of recently trading range
and probably more losses ahead this week.
nice setup overall, appreciate it!
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OptimoomFX ProjectSyndicate
@ProjectSyndicate, Thank you! I will try to find a good place to sell next week:)
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