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DeGRAM
Jun 22, 2023 9:31 AM

DeGRAM | AUDCHF trend continuation opportunity Short

Australian Dollar/Swiss FrancFXCM

Description

AUDCHF is approaching the confluence level: fibo cluster + resistance and channel border (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.

We expect the price to retest support.


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Comments
FirstNameHelen
Very good technical overview, thank you
WalterMoon
Good AUDCHF idea, agree!
DeGRAM
Good luck in the markets and have a great one!
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