AUDCHF: Waiting For Confirmation
📊AUDCHF is currently experiencing a bullish trend and has recently reached a new high on a 4-hour time frame before consolidating within a horizontal trading range.
I am anticipating a bullish breakout above the resistance level of 0.5828, as a 4-hour candle closing above this level will demonstrate the buyers' strength.
If this breakout occurs, it will confirm a bullish continuation, with the next resistance level expected at 0.5860.
I am anticipating a bullish breakout above the resistance level of 0.5828, as a 4-hour candle closing above this level will demonstrate the buyers' strength.
If this breakout occurs, it will confirm a bullish continuation, with the next resistance level expected at 0.5860.
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