Although it has shown an increase in AUDCHF not necessarily alter the downside and current decline should be seen back to 0.7919 low. On the upside, a break above the resistance level of 0.7935 is needed to signal short term bottoming. If not, in the short term Updated : 16 dec
movement: 0.006%
Support : 0.7880
Pivot : 0.7930
Resistance: 0.8011
buy from: 0.7955
target: 0.7990
stop loss: 0.7910
he AUDCHF analysis for today that I performed shows that the price will be taking a bearish direction and that�s because the golden tendency string shows a yellow color above the price level .
The blue dot located below the blue candle of the golden signal K proves that a strong buy signal will be taking place now.
As for the MACD indicator which has a bullish intersection above the 0.0 line which is considered a good buy signal .
A bullish trend will be having a high chance to be taking place because of the 4up signals that took place in the golden varitey indicator.
So I recommend that the level 0.8443 will be our next take profit because this level is strongest level to be considered at the moment.


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