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DeGRAM | AUDCHF move against the major support

Short
Australian Dollar / Swiss Franc (FX:AUDCHF)  
DeGRAM  
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Chart Patterns Support and Resistance audchfanalysis audchfsignal
19
11
trendanalysis chartpattern supportandresistance audchfanalysis audchfsignal
AUDCHF is approaching the confluence level: fibo cluster + resistance and channel border (trendline).

Price action makes strong bearish moves and weak pullbacks.The market is pulling back against the major bearish trend.

Price is decelerating at the resistance level. We expect the price to retest support.


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