AUDCHF | TF: H4 | Bearish

16 Haz 2020

On AUDCHF H4, daily resistance levels from January 10th to February 19th signify strong resistance towards the current retraced H&S formation. After rejecting to the H4 range support, the first resistance zone will be met, which will presumably pull down the pair, accordingly to June 10th. Following the pullback, we're anticipating minor retest on the 0.63764 and 0.63232 support levels. After that, we'll be looking for a rebound in the 0.62265 zone.