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DeGRAM | AUDCHF in consolidation zone
Australian Dollar / Swiss Franc
Short
DeGRAM | AUDCHF in consolidation zone
By DeGRAM
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Mar 4
5
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1
Mar 4
AUDCHF is in sideways movement on the D chart, indicating a consolidating market.
The market is trading in the descending channel; it rebounded along the border of the channel.
Price dropped from the level and 61.8% fibo retramcement level.
We might see some sharp moves from the resistance.
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Chart Patterns
Support and Resistance
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