AUD/CHF 4H Chart: Bulls could prevail in market

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

The AUD/CHF exchange rate has been trading upwards within an ascending channel since the beginning of August.  

From a theoretical perspective, it is likely that some upside potential could prevail in the market in the medium term. In this case the currency pair would have to exceed the Fibo 50.00% at 0.6695. 

If the given resistance level holds, it is likely that a breakout south from the given channel could occur within the following trading sessions.

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