AUDCHF is on the decline after the price got rejected on the 1day MA50 last week.
The long term Channel Down pattern has considerable downside potential as each Lower Low leg has so far been at least -11%.
Sell on the current price and target 0.55000 (another -11% decline) at the bottom of the Channel Down.
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The long term Channel Down pattern has considerable downside potential as each Lower Low leg has so far been at least -11%.
Sell on the current price and target 0.55000 (another -11% decline) at the bottom of the Channel Down.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.