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AUD/CHF - will break the support?


TREND:
short term (form September 2017) - market is downward trend
long term (from September 2015) - market is upward trend

RANGE:
short term (form September 2017) - 0,7800 - 0,7480
long term (from September 2015) - 0,7800 - 0,6800

RESISTANCE:

0,7580
0,7720
0,7800

SUPPORT:

0,7480
0,7410
0,7300

ANALYSIS:

Looking at daily line chart we can see that market landed on support level at 0,7480. This level is very important because it was created at 20 July 2017 and there runs dashed lin…
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AUD/CHF - DRAWING REVERSAL H&S

PEROID:
DAILY CHART

TREND:

short term (last 2 months) - market is consolidation

RANGE:

short term (last 2 months) - 0.8250 / 0.8480

RESISTANCE:

0.8480 / 0.8500
0.8600
0.8740

SUPPORT:

0.8250
0.8200
0.8110

ANALYSIS:
Nowadays the market is close of the resistance zone at 0.8480.
This level is important from the point of view of further market situation.
We can see that market is drawing reversal H&S. The formation will be filled if rates cross resistance zone at 0.8480 / 0.8500. …
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