Mon, 27 Oct 2014 14:51:56 GMT
AUD/CHF 1H Chart: Channel Down
The Australian Dollar appears to be a good candidate for a short position. Not only does the currency pair fluctuate in a bearish channel, at the moment it is also trading near the down-trend. Accordingly, AUD/CHF is expected to start moving away from the major resistance at 0.84.The immediate support is represented by the weekly pivot point, followed by a