Hello traders:
Looks to me like more AUD pairs are continue more bearish momentum across the market.
Here on AUDCHF, we can see after a bearish move down from the price, price falls into a bigger consolidation.
Slight ascending like, and price within fail to continue higher, instead a reversal impulse down within the correction.
Now the price has show its on route to break down lower, best to look for further lower time frame bearish continuation correction to get in the on the sell
Thank you
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.