The pair rose to 0.7096 resistance levels and re-tested successfully before landing and we still expect to target 0.7000 levels and 0.6930 levels while maintaining the stop losses daily candle closing higher this resistance.
Printable View
The pair rose to 0.7096 resistance levels and re-tested successfully before landing and we still expect to target 0.7000 levels and 0.6930 levels while maintaining the stop losses daily candle closing higher this resistance.
Sideways on the Australian pair francs and falling violent Avli chart four stings note Almovenj Avrig 200 represents animated resistance levels the ones apostasy more than once also be bottom less than the bottom that was evidenced Fidel landing husband and already, prices fell to levels 0.6958 and we expect rebound from resistance levels to 0.7082 down again to break the bottom 0.6958, reaching levels 0.6880 and 0.6720 levels cci note that the index top 100 levels thus enhancing the sales opportunities and continuity of landing
Negative and more negative effects on the four Frame stings for a couple of Australian francs which shows the control of vendors and further decline also note the pair down downtrend movement with touching trend inflaming which represents animated resistance levels of note bounce them down and note the break down and the closure of the daily support your important 0.7080 levels indicating a further decline, reaching levels 0.6889 In the case of breaking and closing the bottom of this Asamtoyat continue to decline to 0.6550
the general view in this pair stil negative while the prices is trading below the moving avergae of 100 days in the daily chart and personally i see that the good point to buy this pair is 0.6950 which the lowest since the begining of the month.
pair- aud/chf
time frame- m15
technical analysis-
http://i62.tinypic.com/5v2d5u.jpg
the price is making triple top chart pattern with having resistance at the 0.7074 level and now falling down. if this is break the support at 0.7055 level then short with take profit at 0.7020 and stop loss at 0.7085
good luck.
The Australian dollar has been very weak today against all the currrencies because of gold who drop to low levels and this has a very high impact on AUD which gives him the weakness especially in american session
Be at the Australian pair francs price model bullish triangle which refers to the desire to return the pair to rise and climb. Where the upper side of the rectangle of resistance around 0.7086 and almost composed of several Fulcrums prices exist.
Currently the price is struggling to break through to the top, so the status of penetration candle four hours to almost the highest resistance 0.7086. And then it closed above the husband Negotiable further upward path towards the falling trend line on the daily Frame.
the AUD still performin against the CHF because the CHF is not the safe heaven anymore by the investors after the deal betwean Greece and EU so i think this pair will continue to be stable in the short term.
Australian franc pair is moving in a narrow range between the ribs which shows h \ w violent movement soon expect to be down to also note that the general trend is downward, indicating that we are in front of the control of the vendors on the bearish scenario
Broken down and shut your important daily support levels 0.7079 Baaa note entry prices to fall to the lowest levels again and trying to cut down prices to levels of 0.7050 and 0.7000. That's why trader should look for a good entry point.