DeGRAM | AUDCHF confluence level to short the market

AUDCHF is slowly approaching the psychological level at 0.58000, fibo cluster, resistance, and dynamic resistance.

Price action has previously reacted to the resistance level by dropping from it.

This recent bullish move is a pullback against the major bearish trend because the trend on the 4-hourly chart is bearish.

We expect the price to bounce off the resistance and retest support.


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