Audchfshort
AUDCHF IN A DOWNTRENDHello traders AUDCHF is going back to retest the daily lows and i am looking at a possibility for the daily lows to be broken also due to the unemployment rate data and the covid-19.
AudChf outlookAfter 3 failed attempts to conquer 0.6, AudChf fell and close the week just in 0.5850 support. A break here would confirm that a top is in place at 0.6 and could accelerate losses to at least 0.56.
Looking to sell this pair
AUD/CHF - Sell opportunity We are short biased on this pair. We are looking for price to break and retest our rising trend line to enter shorts.
AUDCHF SHORTHello guys,
In this video i show my breakdown of AUDCHF .I intentionally picked this pair because one currency has extreme weakness and the other is a safe haven currency.We know that the AUD a commodity currency will continue to see weakness until the Chinese economy rebounds and i am hoping to capitalize on it.The AUD central bank said in their last statement they expect continued weakness in their economy until the virus effects are controlled.This in addition to the fact that with global chaos people take their money to safe havens, an appreciation of chf will will likely melt AUD this week. and since as fundamental(value)traders we follow smart money, i believe this is a safe trade with high return since we are basically piggy backing off what smart money is doing.
AUDCHF.The price is approaching the level of support.Hi subscribers!
This chart shows how the price is influenced by the downtrend.
The price went down sharply while reaching the support level a couple of times.
This level is the target, which is at around 0.64700.
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This idea does not provide the financial advice.
AUDCHF W3 FEB 2020• Trendline broken and retested
• forming new lower highs and lows
• AUD still bearish overall
• Trading under the H4 and D1 200EMA
• Swing short setup
AUDCHF H4 I am looking for selling opportunity
we have strong resistance level 0.66, I wait for pull back or maybe false break out
good risk/reward, negative news about Coronavirus
I am not interested on long side of this chart
AUDCHF reversed from resistance, potential drop!
AUDCHF reversed off its resistance at 0.65845 where it could potentially drop further to 0.65423.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCHF bounced from support, potential for a further rise!
AUDCHF bounced off 0.65610 where it could potentially rise further to 0.66152.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCHF potential reversal!
AUDCHF expected to rise up to 1st resistance at 0.66169 where it could potentially react off and drop down to 1st support at 0.65580.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
audchf shortprice is overall in a downtrend on bigger time frames and here we have a supply zone with an ascending channel wait for a breakout-retest and further candlestick conformation foe a sell position
AUDCHF active sales zone.Hi subscribers.
Now there is an active sale of currency.
because it is assumed that the price will go further lower on the Australian dollar.
the price must first reach 1 target, if later it reaches 2.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
