AUDCHF Short Idea

AUDCHF has broken through a strong supportive trendline and retested it. Thereafter price has pushed downwards and is continuing to make new lows along a resistive trendline. Bears can look to short the pair with a good risk to reward ratio. Traders should ensure that they wait for the market to move and give a valid entry before opening any positions.

Be sure to follow me for more ideas and analyses.
Best of luck traders!