AUDCHF: Classic Trend-Following Confirmation 🇦🇺🇨🇭

5 באפר׳

https://www.tradingview.com/x/bhvG7sqn/

AUDCHF is trading in a bullish trend.
After the price set a new higher high on a daily, the market
retraced to a key horizontal support.

This morning, the price formed a tiny cup & handle formation on that.
Its neckline was broken after a release of CHF fundamentals.

We can expect a trend-following movement now.
Goal - 0.59766

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