VasilyTrader

AUDCHF: Waiting For The Next Move 🇦🇺🇨🇭

Short
OANDA:AUDCHF   Australian Dollar / Swiss Franc

AUDCHF is trading within a narrow horizontal range,
after a formation of a strong bearish impulse.

I believe that selling volumes are currently accumulating.
Our trigger to short will be a bearish breakout of the support of the range.

4H candle close below 0.5675 will confirm the violation.
A bearish continuation will be anticipated at least to 0.5645

Alternatively, remember, that a bullish breakout of the range will most likely push the prices higher.

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