Reaching another long setup at 0.7516

AUDCHF in downtrend but I expect to see a nice reaction at another strong support zone. I usually go for 20 pips but the downtrend is strong so I advise 12 pip profit target. Once you have reached 12 pip then move your stop loss to 0.7528 and PT to 0.7536.

There was a nice 12 pip reaction at the previous strong support zone at 0.7623

We still have 2 short levels at 0.7716 and 0.7750

Another nice long level would be 0.7483