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Lizabet
Sep 25, 2020 4:58 PM

keep an eye on AUDCHF for sell trades Short

AUD/CHFOANDA

Description

In AUDCHF, the price is in a range bound.
However, it seems that a descending triangle is forming and also the price is above a support zone.
But we cannot be positively sure of a downtrend until the support line 0.65000 breaks.
We suggest opening sell trades if the 0.65000 support line broke down.
But we cannot be precisely sure of a bearish movement until the 0.65000 support line breaks.
Lower supports can act as a TP.
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