AUDCHF
This is a downtrend channel ... ( Bearish trend )
Waiting to break the first support on around 0.67-0.69... Once break-through wait for retrace around the resistance area (previous support become resistance), back-test does not break, then we can be looking forwards onto the price 0.65300... The last TP price can be set at the price of around 0.64200...
If breakthrough the last support level, then a big bearish trend might be starting...
*It is just a personal analysis for reference purposes only... If you are planning to follow the trend, self-risk management, thank you very much*
Waiting to break the first support on around 0.67-0.69... Once break-through wait for retrace around the resistance area (previous support become resistance), back-test does not break, then we can be looking forwards onto the price 0.65300... The last TP price can be set at the price of around 0.64200...
If breakthrough the last support level, then a big bearish trend might be starting...
*It is just a personal analysis for reference purposes only... If you are planning to follow the trend, self-risk management, thank you very much*
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