AUDCHF is testing a Support area of 0.58060. Also, it's at the strong 4-hour trendline. We are expecting a trend continuation and our profit target will be the next Resistance zone of 0.58600.
Trade closed: stop reached
Unfortunately, we were stopped out by a wick. However, all profit targets reached after the Stop Loss hit.
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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.