AUDCHF: Losing bullish momentum at support
Updated
The market has broken through the daily and 4 hour support level.
With each new test of this level, the size of the bullish rejection was less and less.
Now that support is broken the im expecting a bearish move until the next support level at 0.736.
YEARN-FOREX
With each new test of this level, the size of the bullish rejection was less and less.
Now that support is broken the im expecting a bearish move until the next support level at 0.736.
YEARN-FOREX
Note
Market moving as expected. If you got involved in this trade I would suggest moving stops to break even or taking partial profit.
Trade closed: target reached
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