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

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

Buka Akaun

Dapatkan Analisis Percuma

* ruang yang diperlukan
Artikel Terakhir
Semua Artikel
Indeks Harga Perbelanjaan Penggunaan Peribadi (Personal Consumption Expenditures). Apakah yang perlu diketahui oleh pedagang?
Sekali sebulan, Analisis Ekonomi Biro AS mengeluarkan data mengenai Indeks Perbelanjaan Penggunaan Peribadi (Personal Consumption Expenditures - PCE). Ini merupakan salah satu indikator inflasi yang paling penting kepada Rizab Persekutuan AS. Beberapa pegawai Fed memberi banyak perhatian kepada indeks ini berbanding Indeks Harga Pengguna (Consumer Price Index - CPI).
Baca lebih lanjut