AUDCHF short after pullback. Weekly supply in control.

Dolar Australia / Franc Swiss (FX:AUDCHF)

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FX:AUDCHF Dolar Australia / Franc Swiss

trendanalysis harmonicpatterns chartpattern containsimage

Price has reached the weekly zone and it started to drop. AUDCHF is in the profit-taking phase from shorts which is taking the price higher, but big boys still didn't bring the longs yet I think they could take price lower to accumulate them. CHF has a similar case as explained in the video analysis.

Not investment advice.

Please share your thoughts or question in the comments section.

Good luck

Dave FX Hunter

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