What happened? It looks like the decline in EUR/CHF to 1…
AUD/CHF broke resistance area
2019-11-11 • Updated
- AUD/CHF broke resistance area
- Next buy target - 0.7710
AUD/CHF continues to rise inside the accelerated impulse wave 3, which earlier broke through the resistance area lying at the intersection of the resistance level 0.7600 (top of the previous impulse wave (i)), resistance trendline of the daily down channel from September and the 61.8% Fibonacci correction of the previous impulse wave C. AUD/CHF is expected to rise to the next buy target at the next resistance level 0.7710 (top of the previous waves B and (ii)).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
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