AUDCHF in downtrend but I expect to see a nice reaction at another strong support zone. I usually go for 20 pips but the downtrend is strong so I advise 12 pip profit target. Once you have reached 12 pip then move your stop loss to 0.7528 and PT to 0.7536.
There was a nice 12 pip reaction at the previous strong support zone at 0.7623
We still have 2 short levels at 0.7716 and 0.7750
Another nice long level would be 0.7483
There was a nice 12 pip reaction at the previous strong support zone at 0.7623
We still have 2 short levels at 0.7716 and 0.7750
Another nice long level would be 0.7483
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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.