- AUDCHF reversed from the support area
- Likely to rise to resistance level 0.5600
AUDCHF currency pair recently reversed up from the support area between the pivotal support level 0.5485 (which stopped the earlier impulse wave i at the start of March) and the lower daily Bollinger Band.
The upward reversal from this support area formed the daily Japanese candlesticks reversal pattern Hammer Doji.
Given the bullish divergence on the daily Stochastic indicator, AUDCHF currency pair can be expected to rise to the next resistance level 0.5600 (top of the previous correction ii).
By the FxPro Analyst Team
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By the FxPro Analyst Team
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.