AUDCHF

πŸ’‘The chart shows technical analysis of the AUD/CHF currency pair on the daily time frame (D1). The analysis indicates that the market may be in a bullish reversal phase, but you must wait for confirmation of the breakout. Current signals (falling wedge and bullish engulfing candle) support the positive outlook, providing an opportunity to enter a buy trade if the expected breakout is achieved.
The current MACD indicator supports analyzing the possibility of a trend reversal to the upside provided that the wedge is broken, while carefully monitoring momentum developments.

⛔️It is not investment advice for educational purposes only.

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