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BankBushBeast
Jan 10, 2020 4:13 AM

AUDCHF - LONG  Long

AUD/CHFOANDA

Description

AUDCHF seems to give a reversal signal regarding the RSI and price pattern.

In my point of view, AUDCHF is still considered as a downtrend, thus trading opposite the trend should be done in a short period of time, "Hit and Run".

Reward/Risk is about 1.5, which is still convincing.

!**Disclaimer**! the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Comments
transparent-fx
my view on AudChf is this one here
BankBushBeast
The price is still in the same level as last week, we can only wait and see for now.

Cheers,
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