khng555

Week 37: AUDCHF - Bets on bear

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF has been ranging for the past 1 month. 0.7674 is a very tough resistance whereas 0.76 is a strong support. From the wicks of the candles, it is obvious that it is rejected quite strongly at a higher price. I have a short position and will be looking to hold it.
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.