SharifAzadeh
Short

AUDCHF; The Path Ahead

FX:AUDCHF   Australian Dollar / Swiss Franc
21 0 3
This pair has been moving through a channel. After reaching the top area of the channel on 2nd of December, the bulls threw in the towel and with ECB inaction on 3rd of December, the decline magnified. Today's follow-through fall has made the decline into 5 waves which means the overall decline has just started. The low area of the channel provides a good support for the bulls to put themselves together and kick some ass but taking into account the sharp decline we\ve witnessed so far, I think the channel will be broken soon.

Good luck,

Ali             Sharif Azadeh, CFTe
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out