Anbat

AUDCHF Bearish

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FX:AUDCHF   Dólar Australiano/Franco Suíço
0
AUDCHF bearish bias for rest of year. Will be trading on shorter time frames to the PUT side. Noted on chart is two support levels, one at 0.73000 and S2 0.71600. At this time on this daily chart, pa is right on EMA 20, which one of my indicators on direction to trade pair in. Price action is always number #1, slowly growing your account is best way to trade, make decisions based on a strategy or plan. Totally understand the why, where, how, what & who of trading.

This week pair, in my opinion will have a EOW bearish direction, on shorter time frames check on trend direction of trades way what price action is doing at a SUPPORT level, like now which is 0.74000. Wish all great success.
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