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AUDCHF is setting for drop!!

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Dollar Australia / Franc Swiss (FX:AUDCHF)  
ForexWizard01  
FX:AUDCHF   Dollar Australia / Franc Swiss
Trend Analysis Chart Patterns Technical Indicators AUDCHF audchfsignal audchfforecast audchfidea audchfshort audchfanalysis audchfsell audchfbreakout audchftrade
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trendanalysis chartpattern indicator audchf audchfsignal audchfforecast audchfidea audchfshort audchfanalysis audchfsell audchfbreakout audchftrade
AUDCHF (4h) has formed a head & shoulder and has broken down from this head & shoulder with a middle man. The price already tested multiple times the neckline and created series of lower highs signaling further breakdown.
As the long term is down and monthly, daily and weekly price action is bearish, It is highly likely price will continue to drop and a sell trade is highly probable.

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