MY VIEW ON AUD/CHF
The current directional bias of AUD/CHF is bearish as we see price action experienced a Break Of Structure (BOS) of a low...
Price action is currently approaching a resistance level where a daily bearish propulsion is seated... We might see a massive sell off when price dips into the daily bearish OB to around 0.69162. I strongly believe that after the mitigation of this daily OB, we will see price action go to take out the sellside liquidity on 0.64114
Disclaimer: This is just my view of price action... Not a financial advice!
Price action is currently approaching a resistance level where a daily bearish propulsion is seated... We might see a massive sell off when price dips into the daily bearish OB to around 0.69162. I strongly believe that after the mitigation of this daily OB, we will see price action go to take out the sellside liquidity on 0.64114
Disclaimer: This is just my view of price action... Not a financial advice!
Disclaimer
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