AUDCHF - Temporary rebound?

PAIR IN FOCUS: AUDCHF
ACTION: LONG
HORIZON: SHORT-TERM

Price has rebounded from the support/resistance level and could climb higher towards the TP levels. Watch for bullish price action for entry confirmation. Conservative traders can possible wait for an entry near the S/R level, however, important to note the price action if it retraces to the S/R level again..

The TP levels and Stop Loss are indicated on the chart. Remember to manage your risk!

Feel free to discuss and comment, Cheers!

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