DeGRAM

DeGRAM | AUDCHF opportunity for short

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF is slowly approaching the confluence level: fibo cluster, resistance, and trendline.

Price action has previously reacted to that zone several times and dropped from it.

The market is pulling back against the major bearish trend because the trend on the 4H chart is bearish.

We expect the price to retest support.


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