AUDCHF

30
The pair is in the downtrend. Wait for it to touch the bottom of the tunnel and create a candlestick pattern to trigger a deal. The stochastic indicator further confirms the trade for a buy. But if you want to go with the trend wait for it to touch the top of the tunnel and confirm with bearish candlestick pattern coupled with overbought stochastic. Note, it is possible the market breaks out of the tunnel which is also likely, in that case, the above analysis stands null and void.

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