AUD/CHF Long-Term Trend: Bullish
Key Resistance Levels: 0.7150, 0.7227, 0.7260
Key Support Levels: 0.7090, 0.7020, 0.6917
The price on the higher time frame inside a bullish flag formation. A bullish head and shoulders has been formed around the 0.7090 USD mark. this pattern signals a potential reversal and a move upward in our case here.
AUD/CHF Medium-Term Trend: Bullish
On the 1-hr time frame, the pair posted a bullish reverse head and shoulders near the 0.7092 USD mark which signals a potential move upward if the support proves that is difficult to be broken.
Buy Limit Order @ 0.7093
TP 1 @ 0.7125
TP 2 @ 0.7150
Stop Loss @ 0.7080
Trade Safely 🙂