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Trading Idea - AUD/CHF, 16-08-2021
Trading Signal: AUDCHF
| Order | Sell |
| Direction | Bearish |
| Pattern | Fibonacci Support Test |
| Interval | 1 hour |
| Length (Candles) | 7 |
Idea Summary
The short term AUDCHF forecast is bearish. The AUDCHF price is trading with downward bias after breaching the Fibonacci 61.8 support level. Most likely the price will continue to decline while there is small likelihood it may reverse to test the Fibonacci 61.8 level again.
Note:
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