AUDCHF 1D SETUP
Updated
I 'm expecting the price to hit the S/R zone and if it shows bearish signs I believe it will only go down by 50 pips. Whereas, if it breaks the zone (which is what I'm predicting) I will enter and expect it to reach 0.70407 which will be my TP. I'm bullish biased with this pair because having a look at the chart in 1W short bulllish signs.
Comment
Price managed to just peek over the zone but did not close above. It's still currently in the grey area and will likely go over tomorrow.Comment
No sign of bearish movement - this is where we want to be. If price closes above the grey, enter a buy.
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