The 4hour AUDCHF chart indicates an uptrend, indicating that the CHF swiss franc has weakened against the Australian Dollar. As a result, if the minor resistance is broken, the market is likely to move smoothly towards the first resistance level.
Key levels:
0.57384 represents a minor resistance level in the market. The first resistance is at 0.58086, where we may see an increase in selling pressure around this level.
A minor support level is formed at 0.56737 for AUDCHF, which provides a favorable entry point for buy into the market why the first support is at 0.5 6390
Key levels:
0.57384 represents a minor resistance level in the market. The first resistance is at 0.58086, where we may see an increase in selling pressure around this level.
A minor support level is formed at 0.56737 for AUDCHF, which provides a favorable entry point for buy into the market why the first support is at 0.5 6390