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AUD/CHF Signal - AUD Private Sector Credit - 30 Jun 2021

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Signal Details
Entry Price: 
0.6918
Take Profit: 
0.7058
Stop Loss: 
0.6887
Direction: 
Buy
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Average: 5 (1 vote)

AUDCHF has bounced from a key monthly level prior to AUD Private Sector Credit data, which shows the amount of borrowing in the private sector. Technically the pair has bounced from a key monthly level, breaking a descending wedge pattern to the upside, and we now anticipate continued upside on the pair.

Submitted by Toni H. on Tue, 29 Jun 2021 23:38:44 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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