© Dukascopy Bank SA
The last two days were the time when the pair refused to respect the trend-lines and performed an unsuccessful attempt to leave the triangle. Currently, we may see that AUD/CHF did not stop trying to exit the pattern since it re-approached the upper boundary and may penetrate this formidable resistance before long as suggested by the SWFX data. The SWFX numbers show investors are mostly bullish on the pair – almost 70% of all orders are placed to buy the instrument.
© Dukascopy Bank SA