80% of Forex Traders lose money - Lets make an effort to team up with the other 20%

DAILY FOREX IDEAS

AUDCHF Short

As I said in my yesterdays analysis on this pair, it formed a Rising Wedge which was later broken and then the lower line was retested just to confirm that the pattern is valid. Then the price dropped to 0.7102 so my stop loss now is on breakeven at 0.7137. I presume the price will retrace to 0.7120/25 and then should drop down to 0.7066 where I might cash out.

Leave a Reply

Close Menu