AUDCHF BUY @ 0.6930 TARGET : 0.7030 STOPLOSS : 0.6880
The support of 0.68840 proves to be a tough nut for the bears. After bouncing back sharply twice, the pair was under the cloud of a bearish trendline for 5 months, which has broken now. Also, the pair found support at 61.8% of the previous rally, which is a strong bullish sign. Hence, we expect the trade with bullish bias. The next levels to watch out for are the...
LONG TERM TRADERS SHOULD KEEP AN EYE ON "AUD/CHF" LEVELS TO WATCH CMP 0.70626 STRONG SUPPORT 0.66 EXPECTING TARGETS 0.7455 AND 0.7650
AUD/CHF has broken out of a head and shoulder pattern in the 4-hour chart. It is currently hovering below its neckline. We expect the pair to face selling pressure and move down from here.
AUDCHF:- BREAKOUT OF RISING TRENDLINE ON D1 TIME FRAME. SELL ON RETEST OF BROKEN TRENDLINE. USE SELL LIMIT@.71950 SL@.729 TP @.700
Breakdown From UpTrend line. Short Entry :- 0.70200 Stop Loss :- 0.71277 Target :- 0.68782
From our analysis, it seems the pair breakout from the resistance trend line & Bollinger upper band and Doji candle formed in hourly pattern, so now it is expected to come down till the value @0.74095
AUDCHF broke the Trendline with selling momentum,We can see the very good down trend from now.
AUDCHF - Can go for Buy , Good Trend Line Support , TGT As per The Chart
FX_IDC:AUDCHF has shown indecision at 0.75356 levels, Buy above 0.75407 for a target of 0.7569 with a stop loss below 0.7524