61.8-78.6% Correction Zone on AUD/CHF

divergence-usdcad

Last week, the AUD/CHF currency pair held a local resistance level of 0.68400, which caused a correction movement. The trading instrument has updated local lows. At the moment, the AUD/CHF quotes are consolidating near 61.8-78.6% correction zone. The AUD/CHF currency pair has the potential for further correction after a continuous rally. The round level of 0.68000 is the key support. We recommend paying attention to this situation.

If the price fixes below 0.68000, the AUD/CHF sales should be considered. The immediate goal for profit-taking is 0.67750. The movement is tending to 0.67500-0.67250. When tracking positions, we recommend using a trailing stop.

by JustForex 2019.09.16

Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.

Abrir cuenta

Consigue análisis gratis

* campos obligatorios
Últimos artículos
Todos los artículos