Get started
orlandodray

AUDCHF, time to come down?

Short
Australian Dollar / Swiss Franc (FX:AUDCHF)  
orlandodray Updated   
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis swing
0
0
trendanalysis swing
AUDCHF was very bullish last week, however that momentum has slowed down. Price is rejecting the daily trend line which is currently pushing the market sideways as shown on the 2 hour. The 2 hour also shows the counter trend line has also been broken and is re testing as we speak. I am short on this.
Comment:
Just over half way there, 70-80 pips in profit so far thanks to the aussie news last night which gave it the boost its been needing.
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.