AUDCHF: An Hammer For A Bull Run?
Following the trend, area of value and Entry trigger framework, with support line at 0.69396 and resistance at 0.69930, the reversal candlestick pattern seems clear following an hammer with a perceptive bullish engulfment serving as a notable entry trigger looking to go long for a short period of time, since the overall market trending situation seems to be below the 50MA.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.