kvmev - AUDCHF outlookAustralian Dollar / Swiss FrancCMCMARKETS:AUDCHFkvmevPrice has been strongly bearish on the monthly time frame although looking at the weekly & daily time frame, we can see price recently break out of its consolidation phase and form a uptrend. Price has also continuously respected the ascending trendline and will most likely pull back sometime this week or next week for a retest. Will look to enter a 1:1 RR long position if price is able to retest, reject and hold above 0.55000 Note - high risk trade as price has currently formed a double top around 0.56000 and is rejecting a monthly key zone from 2020 & 2024. ___ Disclaimer: The content shared is for educational and informational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any actions you take based on this content are done at your own risk. Past performance is not indicative of future results.