Currency pair AUDCHF was in the zone of strong resistance near the 0.7300 level. This zone is very well checked both as support and resistance since the beginning of the 2015-th year. It is worth noting that this is already another attempt to break the area.

If also this time it will prove ineffective, you can expect declines. It is in this case to wait for any confirmation, which may need to close well below the 20-period SMA, part of Bollinger Bands.

0107-AUDCHF


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