Once price breaks from the trend line we will sell down to the target area There will be several pullbacks and it may take a few weeks if not months to get there but its a nice profitable trade for those who don't want to look at charts all day!
This pair has been beaten to death.. it started to rise but its about to be pushed back down again... poor thing Once support is broken SELL IT AUDCHF - SELL SL - 0.65699 TP - 0.62442
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Price predicted to fall after hitting the resistance. A potential H & S forming also.
FOREXCOM:AUDCHF broke out of the trend line and it is forming new highs moving gradually to the major resistance.
Hello traders AUDCHF is going back to retest the daily lows and i am looking at a possibility for the daily lows to be broken also due to the unemployment rate data and the covid-19.
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AUDCHF reversed off its resistance at 0.65845 where it could potentially drop further to 0.65423. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDCHF bounced off 0.65610 where it could potentially rise further to 0.66152. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDCHF expected to rise up to 1st resistance at 0.66169 where it could potentially react off and drop down to 1st support at 0.65580. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDCHF expected to rise up to 1st resistance at 0.66791 where it could potentially react off and drop down to 1st support at 0.66509. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
formation of a bullish cypher on 1 hour chart. My take profit are as follows, Take profit 1 is at 0.66800 take profit 2 is at 0.66950
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...
AUDCHF AUDCHF pair just breakout the trend line and fall back below 100 Exponential moving average. We can expect the fall back towards 0.67150 which is 50% Fibonacci level. From this level we may open short positions and the potential take profit will be 0.65000 which is 2019 August month low. And its a major psychological level. Stop lose may...