Get started
easyMarkets

AUDCHF approaching support, potential bounce!

Long
Australian Dollar / Swiss Franc (FX:AUDCHF)  
easyMarkets Broker  
FX:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Harmonic Patterns Chart Patterns AUDCHF aud chf audchflong audchfshort Forex forextrading forexsignals
41
0
trendanalysis harmonicpatterns chartpattern audchf aud chf audchflong audchfshort forex forextrading forexsignals
AUDCHF is approaching our first support at 0.7217 (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7315 (horizontal overlap resistance, 61.8%, 76.4%, 50% Fibonacci retracement).
Stochastics (34,5,3) is approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


Come join us today at : www.easymarkets.com/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.