AUDCHF D - LONG SHORT TERM BEFORE PRICE HITS LONG TERM DOWNTREND
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AUDCHF has bounced up from an uptrend line with a bullish inside bar. I will be looking to take a long trade here up to near the long term downtrend line for a short term profit.
Tight SL just below a thick support cloud so will be monitoring and updating the trade as it progresses.
SL - 0.66701 TP - 0.69233
Trade active
Moved SL to entry to protect against macro economic news from the RBA.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.