AUDCHF 1D SETUP

1 jul 2019

I 'm expecting the price to hit the S/R zone and if it shows bearish signs I believe it will only go down by 50 pips. Whereas, if it breaks the zone (which is what I'm predicting) I will enter and expect it to reach 0.70407 which will be my TP. I'm bullish biased with this pair because having a look at the chart in 1W short bulllish signs.

2 jul 2019

Nota

Price managed to just peek over the zone but did not close above. It's still currently in the grey area and will likely go over tomorrow.

3 jul 2019

Nota

No sign of bearish movement - this is where we want to be. If price closes above the grey, enter a buy.