AUDCHF facing bullish pressure| 28 Apr 2021

AUDCHF facing bullish pressure| 28 Apr 2021 for FX:AUDCHF by FXCM

AUDCHF facing bullish pressure| 28 Apr 2021



Prices are facing bullish pressure from horizontal swing low support in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push up towards horizontal swing high resistance in line with 61.8% Fibonacci retracement . If prices push lower, prices might take support from horizontal swing low support which coincides with 78.6% Fibonacci extension and 50% Fibonacci extension . Stochastics is also taking support from 9.79 level, potential for bounce.

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