Get started
Wiiso

AUD/CHF MONTLY ANALYSIS( The situation is clear)

Long
Australian Dollar / Swiss Franc (OANDA:AUDCHF)  
Wiiso Updated   
OANDA:AUDCHF   Australian Dollar / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators AUDCHF audchflong audchfsignal Monthly Charts monthlyanalysis long-term LONG audchfsetup
2
0
trendanalysis chartpattern indicator audchf audchflong audchfsignal monthly monthlyanalysis long-term long audchfsetup
The situation is pretty clear.

This pair have been in a strong up trend for the past months. We can expect the price to hold between .382 and .5 fibonacci level because this levels are in confluence with structure. We can expect the price to make new higher high because price is in strong up trend.
For the entry make sure you monitor price action in a lower time frame.

THANK YOU FOR YOUR SUPPORT
Trade active:
The price is currently testing the .50 fibonacci level. We were expecting it. We have to keep monitoring price action and be reactive.
Trade active:
The trade still valid but we can expect the price to test the .618 Fibonacci retracement.
Wiiso
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.