The currency pair AUD/CHF Australian Dollar to Swiss Franc is trading at 0.7421. The pair tests the local minimum area. It is worth waiting for a rebound and the beginning of the growth of quotations in the area above the level of 0.7520. An additional signal in favor of the growth of quotations of the pair AUD/CHF Australian Dollar to Swiss Franc is advocating the formation of the reversal forex model of the Head and shoulders on the MACD indicator.
Technical analysis & forecast AUD/CHF on April 28, 2017
The signal line has already left the histogram limits on the MACD indicator, we should expect the pair to start growing. Here, the bullish wave model of Wolf is formed with the purpose of growth of the AUD/CHF pair above the level of 0.7555. Canceling the development of an upward trend in the pair will be a fall and breakdown of the area of 0.7380. Expect to accelerate the growth of quotations AUD/CHF is with the breakdown of the level of the slow moving average and the closing of quotations above the area of 0.7440.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
