olly48

CHF/AUD TP Hit, Look For Retrace

FX_IDC:CHFAUD   SWISS FRANC / AUSTRALIAN DOLLAR
This has just hit TP on previous posts for this pair. Now looking for this to retrace and possible re-entry for shorts. Fibonacci obviously depends where this current downward move ends but currently 0.382 aligns with previous structure so this makes sense to be the area this could retrace to. Then need to see bounce from this resistance lower.

I'm currently setting target as 1.4130 for that next move but I will make a new post for this if and when the retrace comes.

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