rafi_trader21

AUDCHF sell from retracement

Short
FOREXCOM:AUDCHF   Australian Dollar / Swiss Franc
Audchf has reached the daily support of 0.64600. From here we can expect the market to make a retracement and make a lower low on the daily chart. it will be best if market reaches the 0.5 or 0.618 fibo retracements because then daily support will turn into resistance. Or the market can also test 0.382 and continue to the downside. We have to watch on 4H for a possible entry.
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