AUDCHF: Pullback From Resistance 🇦🇺🇨🇭
There is a high chance that AUDCHF will retrace from a key daily resistance.
As a confirmation, I see a strong rejection on an hourly time frame.
Goal - 0.5267
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About Australian Dollar / Swiss Franc
The Australian Dollar vs. the Swiss Franc pair is usually used as a carry trade. Swiss Franc is considered as a safe currency during unstable economic times and the Australian Dollar is a more responsive one to global economic conditions. AUD CHF pair is often used as a measuring stick for the global economic performance.
AUDCHF: Bullish Flag from PRZ — Rally to 0.54444?AUDCHF ( OANDA:AUDCHF ) bounced from the Potential Reversal Zone (PRZ) , which aligns with the Yearly Support(1) and the 50% Fibonacci level of the previous bullish impulse.
From a Classic Technical Analysis perspective , AUDCHF appears to be breaking out of a Bullish Flag Pattern , which
AUDCHF The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for AUDCHF below:
The price is coiling around a solid key level - 0.5349
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal
AUDCHF: Completed Consolidation 🇦🇺🇨🇭
AUDCHF completed a consolidation within a horizontal range
on a daily, breaking and closing above its resistance.
I believe that the pair may rise more and reach a historically
significant falling trend line.
Goal - 0.5386
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AUD/CHF | Potential Downward Movement
💡 Sell Market Order @ 0.53495
🎯 Target Profit 0.52733
🛑 Stop Loss 0.53728
❌ Do not risk more than 1% of your account on each trade
Description:
Price has reacted to a 4 Hr FVG after a liquidity sweep of a major swing high. The price is moving lower now after testing a bearish order block. We a
AUD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
AUD/CHF SIGNAL
Trade Direction: short
Entry Level: 0.528
Target Level: 0.525
Stop Loss: 0.530
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The value of the AUDCHF pair is quoted as 1 AUD per x CHF. For example, if the pair is trading at 1.50, it means it takes 1.5 CHF to buy 1 AUD.
AUDCHF is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade AUDCHF right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.