Trading idea
Trade Idea
AUDCHF is currently trading within a symmetrical triangle which gives opportunity for both sides.
Nevertheless, a resistance exist at 0.65237 and as far as price remain below that price, we are bearish on the pair.
We maintain recognition of the existing chart pattern. a break out/down at any side and retest will trigger a good entry for a swing.
AUDCHF remain on our watchlist.
AUDCHF is currently trading within a symmetrical triangle which gives opportunity for both sides.
Nevertheless, a resistance exist at 0.65237 and as far as price remain below that price, we are bearish on the pair.
We maintain recognition of the existing chart pattern. a break out/down at any side and retest will trigger a good entry for a swing.
AUDCHF remain on our watchlist.
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