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Further bullish pressure

Daily Vision

The pair attempted to push lower yesterday bottomed at support line but closed higher in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1500 pips without significant correction and the next potential target is seen around (weekly EMA 200) at 0.7570.
The bias is bearish in nearest term. And an immediate resistance is seen around the daily close. While a clear break above that area could lead price t…
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Long term bias is still bullish

Daily Vision

The pair was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above support area.
I still prefer a bullish intraday scenario at this phase targeting 0.6962.
Immediate resistance is seen around daily close. A clear break and daily close above that area could trigger further bullish pressure testing some resistance areas. While an immediate support is seen around weekly close.
A clear break below that area could trigger …
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AUDCHF Loses upside momentum

Daily analysis
AUDCHF printed a rejection to halt its upside offensive and close lower the past week. This price action has created downside risk as we enter a new week. On the downside, support comes in at the 0.7275level. A turn below here will open the door for more weakness targeting the 0.7287 level and followed by the 0.7296 level. A cut through here will bring additional weakness towards the 0.7245 level.
Weekly analysis

AUDCHF opened the week at 0.7247 and touched a high of 0.7278. The p…
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Clear Image of Bearish trend on AUD/CHF

Daily analysis
Currently we are at 0.7216 at the top of the range. We are looking to continue down to the 0.214 Fibo at 0.7191 with an overall target to the 0.500 Fibo at 0.7138. The average daily true range (ATR) for the pair currently is 79 pips. AUD/CHF rose to 0.8294 on Thursday, the pair's highest since December 12, before subsequently consolidating at 0.8228 by close of trade on Friday, up 0.18% for the day and 0.31% higher for the week.
Weekly analysis
The AUD continued to drive south la…
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AUD/CHF Continues to fall after the recent breakout

Weekly analysis
AUD/CHF continues to fall after the recent breakout of the strong support level 0.7250 . The breakout of support level 0.7250 accelerated the active minor impulse wave 3, which today broke the support trend line of the daily down channel from March. these two breakouts should add to the bearish pressure on this currency pair in the coming trading sessions. AUDCHF is likely to fall further toward the next support level 0.7000.
Daily analysis
AUD/CHF is forming a bullish Bat here w…
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