Short AUD/CHF
Updated
Pushing downward, price has retraced suitably into a location of resistance on the chart, a static level of ~0.7080 and the 8 ema closing as a high test bar/bearish pin bar. Price has rejected both the 38.2% and 50% Fibonacci retracement levels.
entry - below low of high test bar
stop loss - above high of high test bar
target - previous support level near 127.2% Fibonacci extension
entry - below low of high test bar
stop loss - above high of high test bar
target - previous support level near 127.2% Fibonacci extension
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