AUDCHF - In Bullish Trend

4 בספט׳ 2023

AUDCHF is moving in an ascending channel on the hourly timeframe, RSI is within the 30-70 range which indicates that there is room for the bullish trend to continue. With no divergence in sight, we can buy at current price keeping stop loss at the break of previous Higher Low, Take Profit 1 at 1:1 Risk Reward and Take Profit 2 at 1:2 Risk Reward.