Forex Pair – AUDCHF Technical Analysis And Price Forecast – 02 Dec 2022

Forex Pair – AUDCHF Technical Analysis And Price Forecast – 02 Dec 2022

AUDCHF Technical Analysis

AUDCHF Technical Analysis: Weekly Chart

In the weekly charts, AUDCHF is trading in a down channel. AUDCHF is currently trading below all SMA.

RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 0.6200 the resistance level is at 0.6325

AUDCHF Index will trade in a down channel until there is a trend reversal. 

AUDCHF Technical Analysis: Daily Chart

In the daily charts, AUDCHF is trading in a down channel. AUDCHF is currently trading below all SMA.

RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 0.6240 the resistance level is at 0.6300

AUDCHF will trade in a down channel until there is a trend reversal.   

How to Trade AUDCHF this Week:

AUDCHF will follow the downtrend until its trend reversal. So, remain bearish on AUDCHF.

TRADE SUGGESTION- SELL AT 0.6270, TAKE PROFIT AT 0.6240 AND STOP LOSS AT 0.6310

About Author

Related posts

Leave a Reply