AUDCHF Potential Channel breakout

Güncellendi
AUDCHF is consolidating after breaking and closing below the key psychological level of 0.5700. The overall trend remains bearish, and the market recently bounced off a resistance zone. On the daily chart, there was a sell-off followed by a pullback to the 61.8% Fibonacci retracement level. The price consolidated around this level before moving lower, breaking through last week's lows. The market now appears ready to break through the channel's border, which could signal a continuation of the bearish trend. The target is the support level at 0.56400
Not
Price moved exactly as expected and secred the take profit
İşlem kapandı: hedefe ulaştı
Price moved by the book
AUDCHFForexSupply and DemandSupport and ResistancetradingsignalsTrend Analysis

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