AUDCHF Will Go Down From Resistance! Short!

1月20日

Here is our detailed technical review for AUDCHF.

Time Frame: 7h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is trading around a solid horizontal structure 0.571.

The above observations make me that the market will inevitably achieve 0.568 level.

P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

Like and subscribe and comment my ideas if you enjoy them!

1月23日

注释

Great beginning for a trade, let’s hope it goes further!