AUD/CHF 4H Chart: Two scenarios likely

Note: This section contains information in English only.
Source: Dukascopy Bank SA
4H1D1W
MACD(12;26;9)BuySellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralSellNeutral
Alligator(13;8;5)BuyNeutralNeutral
SAR(0.02;0.2)BuyBuySell
Aggregate

Since the end of October, the AUD/CHF exchange rate has been trading within an ascending channel.  

From a theoretical point of view, it is likely that the currency pair could continue to increase within the predetermined channel within the following trading sessions. The pair could exceed the 0.6550 level. 

In the meantime, note that the exchange rate is supported by the 55-, 100– and 200-period moving averages in the 0.6470/0.6520 range. Thus, a breakout north could occur, and the rate could try to exceed the Fibo 50.00% at 0.6695.

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