according to AUDCHF technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ----- # 0.6964
Resistance2 # ----- # 0.6986
Resistance3 # ----- # 0.6959
Support 1 # ----- # 0.6919
Support 2 # ----- # 0.6900
Support 3 # ----- # 0.6957
I suggest to take SHORT position at --- 0.6942
target take profit at --- 0.6894
target stop loss at --- 0.6980
money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..


Thread: 
Thanks
Currently Active Users
Forex Forum India Statistics