I think that we can get in short position from the resistance level at 0.7179 with take profit at 0.7067.
http://i.imgur.com/nhjVZPL.png
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I think that we can get in short position from the resistance level at 0.7179 with take profit at 0.7067.
http://i.imgur.com/nhjVZPL.png
Daily Forecast
Pair: AUDCHF
Major Trend: Bullish
Time Frame: Daily
Reason: To prediction today, the price is still going towards the second weekly resistance at 0.7323 price. However, for long-term predictions, the price will still go down.
Recommendation: Buy now with a target of 0.7323
AUDCHF is Bullish today
Price is currently testing resistance at 0.7204
As a trading strategy, chances sell at the level 0.7204
with potential targets to the range 0.7224 - 0.7254
analysis for today 1 / 27 / 2015
AUDCHF
Resistance : R1 0.7199 R2 0.7224 R3 0.7244 R4 0.7274
Support : S1 0.7078 S2 0.7053 S3 0.7033 S4 0.7003
Open : 0.7153
High : 0.7153
Low : 0.7124
Range : 0.0029 Pips
Running Price : 0.7147
Strategy : BUY at the level 0.7147 stop loss at the level 0.7078 target take profit at the level 0.7244 or at the level 0.7274
The price failed in beraking the resistance level at 0.7250, that's why we can get in short position with take profit at 0.7020.
http://i.imgur.com/dDYwQMt.png
AUDCHF is Bullish today
Price is currently testing resistance at 0.7196
As a trading strategy, chances sell at the level 0.7196
with potential targets to the range 0.7216 - 0.7246
analysis for today 1 / 28 / 2015
AUDCHF
Resistance : R1 0.7191 R2 0.7216 R3 0.7236 R4 0.7266
Support : S1 0.7178 S2 0.7153 S3 0.7133 S4 0.7103
Open : 0.7164
High : 0.7253
Low : 0.7116
Range : 0.0137 Pips
Running Price : 0.7242
Strategy : BUY at the level 0.7242 stop loss at the level 0.7178 target take profit at the level 0.7236 or at the level 0.7266
Daily Forecast
Pair: AUDCHF
Major Trend: Bearish
Time Frame: Daily
Reason: Market still trying correction upwards, towards the 0.7620 range. But still for long-term predictions, the price still will close a long shadow, 2 weeks ago.
Recommendation: Buy now
I think that we can get in short position from the 61.8 level of fibonacci ratios at 0.7220 with take profit at 0.7147.
http://i.imgur.com/s8fq5j2.png
Daily Forecast
Pair: AUDCHF
Major Trend: Bearish
Time Frame: Daily
Reason: Market has established a weak support at 0.7139. Henceforth there are two possibilities. Prices will towards 0.7650 price, or directly down to the first weekly support at 0.6755
Recommendation: Sell stop at 0.7130
Spoiler: