jshayer94

AUD/CHF, H4 Price is currently at this key leve

OANDA:AUDCHF   Dollar australien/Franc suisse
Price is currently at this key level which was previously a resistance zone but we can now see price is treating it as support. We can see the price has been respecting these levels, as looking at the arrows, we can see how many times the price reversed after reaching these levels. Price is already showing rejection, as we can see a bullish hammer candle formed right before the market close. Looking to possibly go long until 0.669, around 100 pips profit
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