AUDCHF// Likely Outcome - Short
Updated
Strong downtrend coming up on last structure of resistance turned support. Indicate a possible rally and break of trend, however if you look at the HTF, AUDCHF has been in a downtrend for years, and this may be a key point in the resumption of said trend.
Weekly view in comments.
Weekly view in comments.
Comment
Im completely unaware of the macro economic view on these countries however, from the chart, long term shorts are in play.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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