AUDCHF Forecast and Trade setup for the week 3rd March, 2014 (Bullish Bat nearing completion)

AUDCHF Forecast and Trade setup for the week 3rd March, 2014

Hourly Chart

We have Two Trades possibility

1) Short at the restest of broken support area which now should become Resistance - 

• Overlapping fib of 50% and 38.2%
• Strong area of Support and resistance history

2) Long at completion of Bat Pattern

• Overlapping 88.6% fib (completion of bat pattern) and Weekly Pivot S1
• 
  

Outlook Trade opportunity

Please see above

Tips -

Always take note of any economical news event on our provided calender below