
What happened? It looks like the decline in EUR/CHF to 1…
2019-11-11 • Updated
AUD/CHF recently corrected down after reaching the resistance level 0.7670 (which reversed the previous minor correction (b) and which was set as the buy target in our earlier forecast for this currency pair). The pair today resumed the upward movement in line with the active minor impulse wave 3, which belongs to the intermediate impulse wave (3) from the end of August. AUD/CHF is expected to rise to the next buy target at the next resistance level 0.7780 (top of the earlier waves (1) and 1).
What happened? It looks like the decline in EUR/CHF to 1…
AUD/USD has been trying to break higher for an extended period but without any chance. From April until today, all rallies’ attempts have faded as shown on the daily chart.
The US Dollar has been losing value against the Swiss franc for more than a month now. Let's examine where it might be going.
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