overall AUDCHF is in a pretty strong downtrend on weekly and daily charts.
.66 level is and attractive entry for a short position as it is in confluence with the 61.8% retracement and the descending trendline.
i cant help but have short bias for AUD this week and CHF doesnt look like its going get weak.
.9 lots with 17 pip stop loss.
less than .5% risk on the account.
3 take profits
.66 level is and attractive entry for a short position as it is in confluence with the 61.8% retracement and the descending trendline.
i cant help but have short bias for AUD this week and CHF doesnt look like its going get weak.
.9 lots with 17 pip stop loss.
less than .5% risk on the account.
3 take profits