AUDCHF broke and closed above the descending channel.
Price previously dropped from this level.
The market is in a bearish trend on the 4-hourly chart as well as on the daily.
We expect a false breakout of the resistance, meaning a liquidity grab above the level and a bearish move.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Price previously dropped from this level.
The market is in a bearish trend on the 4-hourly chart as well as on the daily.
We expect a false breakout of the resistance, meaning a liquidity grab above the level and a bearish move.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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