keep an eye on AUDCHF for sell trades
In AUDCHF, the price is in a range bound.
However, it seems that a descending triangle is forming and also the price is above a support zone.
But we cannot be positively sure of a downtrend until the support line 0.65000 breaks.
We suggest opening sell trades if the 0.65000 support line broke down.
But we cannot be precisely sure of a bearish movement until the 0.65000 support line breaks.
Lower supports can act as a TP.
However, it seems that a descending triangle is forming and also the price is above a support zone.
But we cannot be positively sure of a downtrend until the support line 0.65000 breaks.
We suggest opening sell trades if the 0.65000 support line broke down.
But we cannot be precisely sure of a bearish movement until the 0.65000 support line breaks.
Lower supports can act as a TP.