AUD CHF bull pennant breakout
Hi Guys,
The AUD CHF is continuing to show upward momentum with breaks of downsloping trendlines and moving above key moving averages.
Currently it has just broken out of a bull pennant with excellent fib requirements and as you can see from the purple line on the chart has cracked through the 200 ma with a strong candle.
Measured move from the breakout is the horizontal line drawn above.
safe trading all
The AUD CHF is continuing to show upward momentum with breaks of downsloping trendlines and moving above key moving averages.
Currently it has just broken out of a bull pennant with excellent fib requirements and as you can see from the purple line on the chart has cracked through the 200 ma with a strong candle.
Measured move from the breakout is the horizontal line drawn above.
safe trading all
Disclaimer
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.