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AUDCHF going up after recent pull-back?

62
Good Morning Traders,

The AUDCHF may look to continue its recent gains. Hidden Bullish Divergence is forming on the 12H and 1D MACD/Price Charts. RSI is also at a moderate Resistance level on the 1D. Price was rejected at the 50-EMA on the 12H and the 240-LMA on the 1D.

A LONG entry opportunity may present itself at the beginning of the trading week.


Thanks for reading. If you liked my analysis, please give me a follow.

*The above is not investment advice but simply my analysis of the current market conditions*


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