AUDCHF: Key Level & Your Trading Plan 🇦🇺🇨🇭

3 בדצמ׳ 2021

Hey traders,

Like many swiss pairs, AUDCHF is on a key level at the moment.
Depending on the reaction of the price to that structure we will either see a pullback or a strong bearish wave.

Your confirmation to buy will be a bullish breakout of a falling wedge pattern on 4h.
You need at least a 4H candle close above to validate the breakout.
Then a pullback to 0.6595 will be expected.

In case of a bearish breakout of a blue zone on a daily, a bearish continuation will be expected.

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