New weekly trend - Potential pullback ahead
The chart shows how AUDCHF had a shift in trend few weeks ago when the price closed below a weekly uptrend line and was rejected by it.
The confirmation signals came few weeks after the breakdown of the trend
Now AUDCHF is testing a potential support zone (harmonic patterns)
Potential pullback to the MA lines from here
Read more about this setup and others in my weekly newsletter #WeeklyMarketsAnalysis
The confirmation signals came few weeks after the breakdown of the trend
Now AUDCHF is testing a potential support zone (harmonic patterns)
Potential pullback to the MA lines from here
Read more about this setup and others in my weekly newsletter #WeeklyMarketsAnalysis
