AUD/CHF Bounce trade? |


Bullish: Currently we are at 0.6625 in a range and after bouncing hard on the day chart bottom. We are looking for a continuation initially to the 0.382 Fibo at 0.6648 and then the 0.500 Fibo at 0.6761. Watch for the stall there. The average daily true range (ATR) for the pair currently is 51 pips but its 180-day ATR is 56 pips a day.


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