this is a swing trading analysis with D1 time frame.
if you look at the bearish channel, it can be seen that the price is currently supported by the bullish trendline with no new LL structure.
I see this as a long option with invalis area boundaries and a fairly high long target.
AudChf swing term analysis from 20th, june, 2022|250 pips
Here is my analysis for the Audchf for the coming week...
Sentimentally, with the stock markets falling further even lower than the previous week, investor sentiments are still #riskoff.
this shows potential for investors to buy safe haven currencies as opposed to commodity or risky asset based...
