AUDCHF: Important Breakout & Reversal
It looks like AUDCHF is preparing for a major reversal:
the price has formed a lower high on a daily and then broke below a support line of a major rising channel.
Now we see the attempt of bulls to retest the broken structure.
Bearish impulse may start there.
Potential goals: 0.677 / 0.672
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Related publications
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.