AUDCHF neutral

Strong AUDCHF resistance level

31 august 2022 59
Volkov_Anton
Volkov_Anton

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The AUDCHF pair was actively trying yesterday to climb above the resistance level of 0.673-0.674, which has been stopping growth impulses for more than 2 months. And again the breakdown turned out to be false, the sellers returned the quotes back.

 

If it is not possible to overcome the obstacle at the top, the "bears" can seize the initiative and send a wave of decline to the support of 0.66.

Volkov_Anton
Volkov_Anton

Listed among the best MarketCheese authors
1st in the segment "Agricultural commodities"
2nd in the segments "Currencies" and "Oil and gas"
3rd in the segments "Indices" and "US stocks"
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