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francesgurton

AUDCHF - Long

Long
Australian Dollar / Swiss Franc (FX:AUDCHF)  
francesgurton  
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Chart Patterns aud chf AUDCHF LONG short support Support and Resistance
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trendanalysis chartpattern aud chf audchf long short support supportandresistance
Possibility for a bullish move for AUDCHF following a touch on the support line of the ascending channel.

We have seen price touch this support line and a bullish rejection of this trendline has quickly followed. Following a rejection at support, I belive price could reach the 0.67330 resistance level

Before entering a long trade I will look for clear confirmation of rejection in the form of closed 4H bullish candles.
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