Hello traders,
AUDCHF had made 1300 pips down after breaking down the neck line in Feb 2020.
Can history repeat again?
A new neck line is now waiting here on daily chart and seems price can get some support above it.
So it might need to take a look next week to see if it could break through it to test 0.6200.
0.6000 would be a position for weekly sellers for 500 pips on the condition that neck line broken and be with patience.
Good luck !!!
LESS IS MORE!
AUDCHF had made 1300 pips down after breaking down the neck line in Feb 2020.
Can history repeat again?
A new neck line is now waiting here on daily chart and seems price can get some support above it.
So it might need to take a look next week to see if it could break through it to test 0.6200.
0.6000 would be a position for weekly sellers for 500 pips on the condition that neck line broken and be with patience.
Good luck !!!
LESS IS MORE!
