AUDCHF reached a strong support on daily that has been tested multiple times, with the correct price action we could see this go up if it does not break support. This is a obvious buy level, so this pair could spike.
From my personal and novice analysis, I detect a consolidation channel and the price within the channel is hovering in the area of support, if the consolidation action continues, the price should be in bullish action once it bounce back from the support.
Hi Traders, so i expect AUDCHF to go high after breaking the white TL. This is for long term buying opportunity. GOOD LUCK TRADERS!
AUDCHF long intraday trade opportunity.
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
Double Bottom area and Big Hammer Candle in H6 so i am expecting Upside Move.
Hi fellow traders it is 2020! and lets see if price will show us further bullish moves.
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...
Price has broken key level support zone and now retracing back to this area. We want to see a rejection of the new resistance for sell entries.
maybe the best place for retracement , Or beginning of new bullish wave
Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bearish price action and drop towards our support. 4 HOUR Bullish market in a small pullback. DAILY Overall bullish market with good long entries. - FOREX SETUP BUY AUDCHF 1ST ENTRY @ 0.67850 2ND ENTRY @ 0.67750 SL @ 0.67570 TP @ 0.68140 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips...
Possible reversal point following Adam & Adam double bottom, extreme downward pressure caused by presence of rounded top. Price may rebound to parabolic downward trendline, in the meantime. Merry Christmas!
AUDCHF expected to rise up to 1st resistance at 0.67564 where it could potentially react off and drop down to 1st support at 0.67243. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.