• Vasily Trader

AUDCHF: The Zone to Watch

AUDCHF is approaching a daily supply area.

0.68 - 0.6815 is a potential reversal zone from where a bearish move may start.

Your confirmation will be a bearish breakout of a rising wedge pattern on 1H time frame.

While the price remains within its boundaries, though, the market remains bullish .

In case of a bullish breakout of a yellow zone, the setup will be invalid.