The price of the audchf pair has just tested a long term trend line which could be used as support to initiate a bullish rebound in the short to medium term.
In this context, I think the risk / reward ratio is very favorable given the recent drop that occurred on Friday. So I take an upside position on the pair with a stop loss at 0.6555.
Check out my live trades on my MT4 account.
Enjoy !
In this context, I think the risk / reward ratio is very favorable given the recent drop that occurred on Friday. So I take an upside position on the pair with a stop loss at 0.6555.
Check out my live trades on my MT4 account.
Enjoy !