FOREXANALYSIS - AUD/CHF TRADE ENTRY ON DAILY CHART

in #forex7 years ago

Hello All,

AUDCHF is looking very interesting pair to trade right now and showing many evidence of bullish behavior. Let's analyze this pair.

AUDCHF Weekly Support & Resistance:

AUDCHF Daily Analysis:

On daily it was found that AUDCHF has registered its first higher Low at 0.7274 which also end up forming the Double Bottom & the neckline of this double bottom was broken aggressively in the previous week. So overall I am bullish on this pair. 

TRADE ENTRY BASED ON INSIDE BAR:

Just took an entry today on Inside bar.Let's see how it unfolds from here on. Moreover the next major resistance is 0.7779


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nice post. How long have you been trading Forex for? do you use fibs?

Trading Forex from last 5 years. Trading crypto from last 1 year. Obviously Fibs are essential part of trader's tool box.