AUD/CHF 1H Chart: Triple Top

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
Triple top pattern formed by AUD/CHF has been lasting for 113 hours and is likely to enter it's the bearish part in the hours to come as the pair has already started to retreat after it reached the level close to its three-month high for the third time.
However, the SWFX data belies the bearish outlook, indicating that 80% of traders are holding long positions in the pair. Meanwhile, technical indicators are sending neutral signals in short-, medium– and long-term, making perspectives of the pair obscure.
© Dukascopy Bank SA
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