AUDCHF Forex Signal By Trading Twist
Buy Limit Order: 0.5639
SL:0.5600
TP1: 0.5788 R rate of 3.82
TP21: 0.5788 R rate of 6.18
AUD/CHF has broken out of the Ending Wedge formation to the upside. This pattern has a measured move target of 0.5731.
The 161.8% Fibonacci extension level from the current price is located at 0.5781. Bespoke resistance is found at 0.5788 (unit 1).
The 261.8% Fibonacci extension level is located at 0.5890. I have resistance at 0.5879 (unit 2).
I look for dips to be bought. The risk-reward ratio is solid.
