AUDCHF may continue its rise
Hello Traders,
The AUD may continue its rise against the CHF. Hidden Bullish Divergence has formed on the 4H and price is being rejected at the 50-day EMA.
Price is being rejected at the 240-day LMA on the 1D. Entry consideration would be made when the price closes above the 240-day LMA. (See 1D chart below)
If you liked my analysis, please give me a follow.
*The above is not trading advice but simply my analysis of the market*
The AUD may continue its rise against the CHF. Hidden Bullish Divergence has formed on the 4H and price is being rejected at the 50-day EMA.
Price is being rejected at the 240-day LMA on the 1D. Entry consideration would be made when the price closes above the 240-day LMA. (See 1D chart below)
If you liked my analysis, please give me a follow.
*The above is not trading advice but simply my analysis of the market*
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