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wolfstreetswinger
Mar 7, 2017 6:53 PM

Buy audchf - possibly 500+ pips ahead  Long

Australian Dollar/Swiss FrancFXCM

Description

Running my usual moneyflow analysis i don't find any downside confirmation, long continuation looks good though unless OBV drops and holds below current support accumulation line. Price is climbing back up and could find support here so will be watching to enter long soon with good signal or breakout of the current wedge pattern.

If we can break resistance in the 0.78223 area we could have some nice clear room to a max target of around 0.8400

Good luck

Comment

could be ready to drop further with au but will support hold
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