Hello and welcome to my Trade Idea of the currency pair AUD/CHF.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a strong downtrend.
Weekly: The weekly timeframe is bearish too with little pullbacks.
Daily: On the daily timeframe we draw the trendline and wait for a confirmed bounce before we expect that a push to the lows will occur.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a strong downtrend.
Weekly: The weekly timeframe is bearish too with little pullbacks.
Daily: On the daily timeframe we draw the trendline and wait for a confirmed bounce before we expect that a push to the lows will occur.
Have a nice day.