AUDCHF potential trend reversal | 18 Aug 2021
AUDCHF is seen to have a potential bullish divergence , stochastic indicator is seen to form a higher high hovering around the support level while price dropped. Potential buy entry at 0.66371 in line with 100% Fibonacci extension . Price is expected to rise to take profit level 0.66911 in line with 38.2% Fibonacci retracement . Our bullish bias is further being supported by the appearance of the golden crossover and appearance of the three white soldiers candle/ hammer candle reversal.
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