11.10.201609:59 Forex Analysis & Reviews: Technical analysis of AUD/CHF for October 11, 2016

Long-term review

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AUD/CHF managed to break above the 38.2% Fibs (0.7473) resistance that should result in a continuation of an uptrend. While the rate is near 50% Fibs (0.7430) support, consider buying AUD/CHF 23.6% (0.7526) or 0% Fibs (0.7612). Stop loss should be just below 61.8% Fibs (0.7387).

Support: 0.7387, 0.7430

Resistance: 0.7473, 0.7526, 0.7612

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