AUDCHF-another long term setup

If you are a long term trader and do no want to stay in front of your screen all day this is a good opportunity.
I think all AUD pairs bottomed and are starting a long term rally. My minimun expectation is to hold long positions until late december this year.
This pair is recovering from all-time lows, we can see it clearly on monthly chart:

Here on D1 chart price broke a strong trendline resistance and is gaining stability above the pycholevel 0.7000
SL and targets on chart. Im already long on other AUD pairs and will no trade this one. Choose your prefered one.
Happy weekend!!

Kommentera:

First and second target hit.