AUDCHF rejection in a sideways range

AUDCHF is at the bottom of a pretty solid range. The price is just getting out of a small congestion phase and buyers seem able to continue to push the price higher, towards the top of the range.
With a risk to reward ratio better than 1:2, it's definitely worth a try.

Trade ist aktiv:

Stop loss moved to entry level

Trade geschlossen: Ziel wurde erreicht:

Take profit reached!