FedericoSellitti

AUDCHF rejection in a sideways range

Long
OANDA:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF is at the bottom of a pretty solid range. The price is just getting out of a small congestion phase and buyers seem able to continue to push the price higher, towards the top of the range.
With a risk to reward ratio better than 1:2, it's definitely worth a try.
Trade active:
Stop loss moved to entry level
Trade closed: target reached:
Take profit reached!

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