See daily chart of AUDCHF below for the discussion that follows.
AUDCHF is close to a support area that was tested as resitance a couple of times before it was broken. I will be looking to go long if price confirm the support in terms of candles.
GBPJPY (post from last week) is only testing the area of support now. Let’s see what happens this coming week.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Honor your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
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Thanks and Regards,
Trading SOS SOS