AUDCHF

2 possible scenarios are about to happen in this pair.

1. Its gonna bounce in the support and take advantage of the short-term trade (Trend Following).
2. Its gonna break the support level and take advantage of a potential 1:6 risk and reward ratio (most likely to happen because of the strong momentum).

Whatever scenario's gonna happen, it is advisable to risk only 1% of your capital.
Chart Patternslong-termParallel Channelshort-termTrend Analysis

Penafian