Dollar Australia / Franc Swiss
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Lingrid | AUDCHF trend CONTINUATION trade

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The price has bounced off the support level and broken out of the triangle formation, indicating a trend continuation. The market is now pulling back towards a support level. AUDCHF has updated its highs and broken above a level that forms a swap zone. Following the breakout from the range zone, the price is retracing, presenting an opportunity to buy. I expect a bullish trend to resume from the support level, as the market remains in an overall uptrend. My goal is the resistance at 0.60900


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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