OANDA:AUDCHF Good day traders, i have been keeping an eye on AUDCHF to see if we can find some sort of a reversal signal to the upside. firstly, looking at the weekly time frame we can see that the market is in a correctional phase but prior to this correction we had a strong move to the downside and resting/finding our support structure around 0.6655 and 0.6536....
Looking at the EURGBP pair we see that it has been in a correctional phase for quite some time. But recently we've seen this pair making a series of lower highs as it heads to our major zone of support which i have marked in blue. On the sky blue zone we see that price gave us a double top making this our level of resistance and it is in correspondence with our...