AUD/CHF BULL PHASE ENDING

١٩ أبريل ٢٠٢٢

The AUD/CHF ended his bull run a few weeks ago by breaking below the lower trendline (dynamic support). The price since then has been in a recurrent accumulation phase (looking like a pennant/flag).

This could either be bulls surrendering to the bears or buyers preparing for another phase to pump the price higher. The pair is worth looking into.