New Buy Setup on AUD/CHF

I am expecting a new buying pressure to creep in really strong after the break above the symmetrical triangle on AUDCHF

It's best to wait for the break above the upper-band trendline before anticipating for a buy position.

Alternatively, a break-down below the prolonged and overly tested demand area, could lead to a fall and then targeting.

So, Watchout for AUD/CHF

Kommentera:

AUDCHF just had it's first breakout since it started consolidating inside the tight symmetrical triangle.

Now i am anticipating for a minimal or deep pullback before it further continue with the bullish run - Check it out below!