AUDCHF | DOES LOOK LIKE IT COULD BE A GOOD SELL
Hey Traders!
🔻Potential SELL setup for: AUDCHF
👨💻 Technical: Strong channel down, bearish engulfing candlestick developed and making new lows, does suggest further continuation of bearish pressure.
🎯 For an ideal entry: You could risk and enter now, or ideally wait for a pullback back to the moving averages and look to enter there, giving you a great risk reward, however GDP for AUD late at night so be careful.
🔻Potential SELL setup for: AUDCHF
👨💻 Technical: Strong channel down, bearish engulfing candlestick developed and making new lows, does suggest further continuation of bearish pressure.
🎯 For an ideal entry: You could risk and enter now, or ideally wait for a pullback back to the moving averages and look to enter there, giving you a great risk reward, however GDP for AUD late at night so be careful.
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