Breaking News

AUD/CHF Potential Upward Movement

Joe Damien November 23, 2021 Leave a comment

AUD/CHF Long-Term Trend: Bullish

Key Resistance Levels: 0.68041, 0.68394, 0.69120.

Key Support Levels: 0.67173, 0.66658, 0.66419.

Daily Time Frame:

The price on the higher time frame found support around the 0.67157 CHF mark where it reversed and managed to move higher with the help of an engulfing bullish pattern. This could lead to a new move higher toward the next key resistance level.

AUD/CHF Medium-Term Trend: Bullish

About Joe Damien

Joe is a proven Forex analyst and manual trader with 6 years of full-time trading experience. He is a swing trader that relies on price action, market structure and Fibonacci retracement. His two most successful pairs are CHF/JPY, CAD/JPY, but his expertise allows him to profit on any asset or pair.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Copyright 2024 © Rypax Inc. All rights reserved.
Disclaimer - Privacy Policy - Scholarship - Sitemap - Terms of Service

Download My Free Robot

Get your Robot Now!






Free Robot!