AUSCHF - Long position ahead
Since beginning of 2023 this pair is going down month over month.
Now is time to take a look in more details about the current situation.
Clearly there is a strong support around 0,56, it is a weekly support which became even more stronger.
The 3 MM is getting closer, which is another indicator that the price is inching closer the averages, any candle above the recent high can be a advance entry for a long position.
For the conservative trades, wait until the break up of the MM.
Have a good trades.
Now is time to take a look in more details about the current situation.
Clearly there is a strong support around 0,56, it is a weekly support which became even more stronger.
The 3 MM is getting closer, which is another indicator that the price is inching closer the averages, any candle above the recent high can be a advance entry for a long position.
For the conservative trades, wait until the break up of the MM.
Have a good trades.
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