Long Idea on AUDCHF
Updated
A divergence is found at 30min chart.
Price is making lower low, while RSI is making higher low.
Overall AUDCHF is on uptrend as price is above EMA 100 and EMA 200.
Support Level is at 0.5890 - 0.5850 range.
Long Idea (Risk 1 : Reward 2.92)
TP: 0.6120
SL: 0.5820
Price is making lower low, while RSI is making higher low.
Overall AUDCHF is on uptrend as price is above EMA 100 and EMA 200.
Support Level is at 0.5890 - 0.5850 range.
Long Idea (Risk 1 : Reward 2.92)
TP: 0.6120
SL: 0.5820
Trade active
As expected, AUDCHF went up higher.0.5900 is now the solid support level.
Next Resistance level will be at around 0.6000, which the price action has tendency to break through this level and make new high at 0.6120.
Disclaimer
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.