
What happened? It looks like the decline in EUR/CHF to 1…
2019-11-11 • Updated
AUD/CHF continues to rise after the earlier upward reversal from the support area lying between the key support level 0.7580 (which stopped the previous (a)-wave at the end of September, as can be seen below), lower daily Bollinger Band and the 38.2% Fibonacci retracement of the previous upward impulse from July. The upward reversal from this support area stopped the earlier minor impulse wave (c). AUD/CHF is expected to rise to the next buy target at the next resistance level 0.7670 (top of wave (b)).
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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