Tradingwithtamil

AUDCHF: STRUGGLES TO EXTEND IT'S RECOVERY SETUP.

FX:AUDCHF   Dolar Australia / Franc Swiss

The chart portraits a recovery setup; The pair AUDCHF challenges the upward trend. As a result, chances of the quote's pullback to 0.7210 seem brighter; the 0.7250 will be the check pass to add a nitro for a downfall. After the pass-through 0.7200 and 0.7170 are the critical zone for sellers; beware.

On the other hand, the 0.7310 and the 0.7350 horizontal regions may offer immediate resistances to tackle the downfall; Buyers if the price range passes through these zones, the 0.7375 and 0.7400 are the targets.

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