Possibility for a bullish move for AUDCHF following a touch on the support line of the ascending channel.
We have seen price touch this support line and a bullish rejection of this trendline has quickly followed. Following a rejection at support, I belive price could reach the 0.67330 resistance level
Before entering a long trade I will look for clear confirmation of rejection in the form of closed 4H bullish candles.
We have seen price touch this support line and a bullish rejection of this trendline has quickly followed. Following a rejection at support, I belive price could reach the 0.67330 resistance level
Before entering a long trade I will look for clear confirmation of rejection in the form of closed 4H bullish candles.