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Initiate Short.

Entry - 0.64162
TP1 - 0.60815
TP2 - 0.58602
TP3 - 0.56560
SL - 0.65240

Reason: The price can break the descending channel to downward due it lost horizontal support and losing S1. Also the price fixed a new all time low that might turn thing in our perpective.

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.
audAUDCHFaustraliandollarChart PatternschfForexforexsignalsforextradingTechnical IndicatorsswissfrancTrend Analysis

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