Daily Analysis of The Australian Pair FRANC 27-2-2020 AUDCHF
Daily Analysis of The Australian Pair FRANC 27-2-2020 AUDCHF
27 Feb
27Feb
The Australian Franc on the H1 chart is trading inside a descending channel - and it is about to reach the edge of the channel for the downside lower leg, which will at least resist the price for the upper side, as shown in the above chart.
Buying can be strengthened by breaking the descending channel and then entering if the consolidation and target is 0.6540 - the stop will be below the bottom formed at that time
General condition of the husband: decline as long as the prices inside the channel are on H1
The Australian Franc on the H1 chart is trading inside a descending channel - and it is about to reach the edge of the channel for the downside lower leg, which will at least resist the price for the upper side, as shown in the above chart.