AUDCHF on the M30 time-frame
AUD/CHF may rise 35 - 49 pips
Pivot point stands at 0.6889.
Our preference
Rebound towards 0.6969.
Alternative scenario
Below 0.6889, expect 0.6866 and 0.6852.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6922 and 0.6936).
Supports and resistances
0.6996 **
0.6982 *
0.6969 **
0.6955
0.6920 last
0.6898
0.6889 **
0.6866 *
0.6852 **
Number of asterisks represents the strength of support and resistance levels.
Pivot point stands at 0.6889.
Our preference
Rebound towards 0.6969.
Alternative scenario
Below 0.6889, expect 0.6866 and 0.6852.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6922 and 0.6936).
Supports and resistances
0.6996 **
0.6982 *
0.6969 **
0.6955
0.6920 last
0.6898
0.6889 **
0.6866 *
0.6852 **
Number of asterisks represents the strength of support and resistance levels.