1W AUD/CHF SHORT

2020-02-03 10:37:46

What do you do when AUD/CHF has hit an all-time low? Look for continuation. I think it will go up shortly and test the now-resistance zone, then possibly head back down to all-new lows.

1. Bearish Engulfing Monthly candle
2. Well below many moving averages
3. Lots of bearish volume on lower timeframes