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DeGRAM | AUDCHF breakout, pullback and continuation opportunity
Australian Dollar / Swiss Franc
Short
DeGRAM | AUDCHF breakout, pullback and continuation opportunity
By DeGRAM
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Oct 18, 2023
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Oct 18, 2023
AUDCHF broke and closed below the consolidation zone.
Price action has previously reacted to that level by bounceing off it.
The market created a breakout pullback continuation scenario.
We expect a retest of the resistance, a 38.2% fibo level, and trend continuation.
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