First of all want to mention as AUDCHF is in down trend and as swing traders there is a price reversal opportunity in daily chart where we can have buy trade.
Let me explain you; If you can see there is a very strong support at 0.66913 where couple of time tested and its already hit the 0.786 fibo level as well. In the meantime previous day candle is closed as a inverted hammer where we will get a bullish signal. So we have few confirmation that where we can go for a Buy Order.
Note: Trade at your own risk and this analysis is not based on fundamental.
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Let me explain you; If you can see there is a very strong support at 0.66913 where couple of time tested and its already hit the 0.786 fibo level as well. In the meantime previous day candle is closed as a inverted hammer where we will get a bullish signal. So we have few confirmation that where we can go for a Buy Order.
Note: Trade at your own risk and this analysis is not based on fundamental.
Like and Comment us...
Follow us on Telegram - @theturningpoint