AUDCHF flirting with Key Resistance level
One good thing about a ranging market is that a trader can trade at the extreme key levels which act as borders. AUDCHF has resisted further advance in price since June 20th (60 days) and during this period, price has tested the resistance level 0.6717/ 0.6740 17 times, each time failing to break above. Right now price has approached at the 0.6717/ 0.6740 Resistance level once again, and therefore, a good Shorting opportunity may be delivered if price prints a bearish candle.
Penafian
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