AUDCHF H4 | Potential bearish breakoutAUD/CHF is falling towards a potential breakout level and could drop lower from here.
Sell entry is at 0.57308 which is a potential breakout level.
Stop loss is at 0.57800 which is a level that sits above a pullback resistance.
Take profit is at 0.57047 which is an overlap support that aligns with the 50.0% Fibonacci retracement level.
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Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
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