AUDCHF Double Bottom, Bullish Ignition - Long OpportunityThe price made a double bottom and now, already have a higher high. Just broke the down trend line and the lower time frame resistance. I`m waiting for correction to go long!
Audchfanalysis
AUDCHF / H4 / ROUNDING BOTTOMWe have a change in bias on AUDCHF. At TP1 close 50% of trade and move stop to entry.
Extended target is the next monthly support channel.
AUDCHFShort-term Trading Idea
For today - AUDCHF is approaching support where we expect a bounce above this level
AUD / CHF - Range bound & ready for LONG?This pair has been range bound since April and has been in and out of the range area bouncing off a rising trend line since 2015. RSI is now declining after rejecting the high of the channel for the fourth time and I'm setting a buy order @0.74 with a trailing stop below previous support and the trend line down @0.73 so reduce your leverage to ensure it's within your account management policy, I'm looking for a bigger move out of the channel up @0.76.
AUDCHF, Correction is over soonHi there,
the flat on the 15M will be completed in a few hours, giving us another impulse up. I will be waiting patiently for this trade.
MisterRay
AUDCHF trading outlook
AUDCHF Has really rallied up to test the trendline going back to 2015.
AUDCHF made a new low last week and just continued up after that, creating higher lows and higher highs. I believe we will see some correction or rejection for next week before continuing up, maybe all the way up to the weekly 200MA. If the price continues lower than bias will change.
For the week to come there is only two high impact news on AUDCHF:
Thursday, July 20, 2017
AUD Employment Change (JUN)
AUD Unemployment Rate (JUN
