AUDCHF: Time to Fall 🇦🇺🇨🇭

12 במאי 2023

AUDCHF is trading in a bearish trend.
After the price set a new lower low, it started a correctional movement.

The pair reached a major falling trend line this week.
The market was stuck on that for a couple of days and formed a horizontal range on 4H.
Its support was broken yesterday.

It will most likely trigger a bearish trend continuation.
Goals will be 0.5935 / 0.588

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