New Buy Setup on AUD/CHF

Updated
I am expecting a new buying pressure to creep in really strong after the break above the symmetrical triangle on AUDCHF

It's best to wait for the break above the upper-band trendline before anticipating for a buy position.

Alternatively, a break-down below the prolonged and overly tested demand area, could lead to a fall and then targeting.

So, Watchout for AUD/CHF
Comment
AUDCHF just had it's first breakout since it started consolidating inside the tight symmetrical triangle.

Now i am anticipating for a minimal or deep pullback before it further continue with the bullish run - Check it out below!

snapshot
audAUDCHFaudchflongBeyond Technical AnalysisChart PatternschfTrend Analysis

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