ForecastCity
Short

Don't miss the great sell opportunity in AUDCHF

FX:AUDCHF   Australian Dollar / Swiss Franc
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6326). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDCHF is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.

Take Profits:
TP1= @ 0.6282
TP2= @ 0.6227
TP3= @ 0.6134

SL= Break below R2
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Comments

Already short ,but may add to them.
Nice , thanks
+2 Reply
@PAWPUSS, You're welcome! 🙏
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A bunch of good information. Thanks!
+2 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, Thanks
Reply
Nice idea .. worked like a charm
+2 Reply
ForecastCity Shiva_forex
@Shiva_forex, We're glad you liked it. thanks for the comment.
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Hello are his ideas for free?
+1 Reply
ForecastCity patrezzko
@patrezzko, yes, it is. we hope you enjoy it.
Please follow us here for more free ideas.
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Thanks for the information
+1 Reply
@ayjoshua, You're welcome!🙏
Reply
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