AUDCHF were to break the trendline ?
Updated
- price is increasing previously until it touches the trendline
- however, it looks like price have difficulties to break the trendline even after second retest
- price has go down after retesting the trendline resistance
- if price managed to break the support trendline, I'm projecting that price will make a 100 pips dive down
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- however, it looks like price have difficulties to break the trendline even after second retest
- price has go down after retesting the trendline resistance
- if price managed to break the support trendline, I'm projecting that price will make a 100 pips dive down
DM me if you are interested to learn on how to trade. I will help you to understand the basic yet powerful technique of trading.
Note
Price bounce back up to the upper trendline. For now, we will wait until there is any breakout in the resistance area. If price were to break the upper trendline, looks likd we will switch to buy call.
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