Selling AUDCHF for Today

ONLY for today, I am a bear on this pair, as AUD has been strong for the past days and this might be its chance to retrace for today.

Price currently approaching resistance at 0.75300 and stochastic at overbought.

Price bouncing around at DR1 (almost end of Pivot Point range) with a doji candle forming, indicating market reversal possibilities.

Price on WM4 and that is end of the H1 pivot point range. Stochastic in overbought.

One thought on “Selling AUDCHF for Today”

  1. Nice plan, I’m watching this also. Looks pretty bullish so far, but I believe it can retrace at some point, later today or tomorrow perhaps. We’ll be ready when it does!