AUDCHF has bounced from a key monthly level prior to AUD Private Sector Credit data, which shows the amount of borrowing in the private sector. Technically the pair has bounced from a key monthly level, breaking a descending wedge pattern to the upside, and we now anticipate continued upside on the pair. The RSI has also issued a buy signal.
Note
Stop loss moved to break even!Trade closed manually
Trade closed at BE.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.