The following is the AUDCHF daily chart as of DEC. 23, 2009. If you observe the graph you can see that

1) The chart has reached the bottom moving average of the bollinger bands.

2) There is a resistance line at this bottom moving of of the bollinger bands.

3) CCI has reached the oversold region by crossing below the -100 line.

4) Stochastics oscillator has reached the oversold region by crossing below the -100 line.

5) It looks like a bullish engulfing candlesticks are forming.

So by tomorrow if a bullish engulfing cadlesticks are formed, I think its a good opportunity to enter a long trade for this currency pair. what do you guys say?

audchf possible long trade opportunity