Thread: Aud/Chf
Wear Australian pair francs of daily resistance levels on the four Frame stings 0.7296 noticed entry Guo selling to lower prices to .72230 levels which support levels also note is broken, which demonstrates the strength vendors visit to 0.7139 levels and we expect him further decline in the case of the closure of the bottom of these levels, targeting the levels of 0.7030 and 0.7020 levels in the long-term intraday short
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Trend: Bearish. If the Fibonacci lines drawn, then the market has exceeded Fibonacci 161.8, which in turn is expected to arrive at the 0.7031 for the long term. However, there is a possibility the market will still move at 0.7155
Recommendation: Sell
Spoiler:
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Trend: Bullish. Market has been penetrated trendline, and Bollinger midline. Then the next market is expected to retest the support at 0.7171. But will sideway briefly in 0.7230
Recommendation: Sell now
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pair- aud/chf
time frame- m15
technical analysis-
the down movement of the price is not able to break fibo support 61.8 level at the price 0.7048 and also making a group of doji pattern. the rsi indicator is also moving up side. long with take profit at the higher resistance 0.7090 and stop loss at the 0.7040
good luck.
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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.
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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
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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.
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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.
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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
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pair- aud/chf
time frame- m15
technical analysis-
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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