AUDCHF: Possible Buy Opportunity at Support Zone

2019-12-18 19:05:10

It is rather a risky trading idea, but still, it can give profitable trade.
The price is at 0.67000 support zone. The small bullish candle tells us about an attempt to move upward from this support.

The lower timeframes can give us a buy opportunity with the entry price not far from this support. We have room for an upward movement.

This trading idea is based on a sideways movement which can be in the borders between 0.67000 and 0.68500 levels.

Indicators tell us that buyers and sellers have the same power, and it is a good confirmation for the range market.