FXCM

AUDCHF potential bullish reversal | 3rd Dec 2021

Long
FX:AUDCHF   Australian Dollar / Swiss Franc
Price is currently on the graphical overlap support. We can expect price to bounce from the pivot level in line with the 100% Fibonacci projection to the take profit level in line with 100% Fibonacci projection and 38.2% Fibonacci retracement . Our bullish bias is further supported by the bullish divergence spotted on the RSI indicator.

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