AUDCHF facing bullish pressure | 10th August 2021
AUDCHF is approaching the swing high resistance in line with the 88.6% Fibonacci retracement. We can expect prices to continue to rally up. Our bullish bias is further supported by the price holding above the EMA and breaking through the 100 Moving average.
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Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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