Pair is strongly dropping of the tested monthly supply zone which is in control to the monthly Demand zone. But on the level bellow /yellow line/ there is confluence of Monthly, Weekly, Daily Demand. I will speculate on the bounce of this zone with small position size and stop loss bellow the monthly zone and risk 0.7% of my capital per this position. If the trade will start to play out I will be adding more positions. As expecting weak CHF to bounce from weekly demand and AUD as weel to bounce from M, W, D demand zones.
Telegram : Dave FX Hunter 28 October Avenue, Limassol, 3035, Cyprus