Good Morning Traders,
The AUDCHF may look to continue its recent gains. Hidden Bullish Divergence is forming on the 12H and 1D MACD/Price Charts. RSI is also at a moderate Resistance level on the 1D. Price was rejected at the 50-EMA on the 12H and the 240-LMA on the 1D.
A LONG entry opportunity may present itself at the beginning of the trading week.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
The AUDCHF may look to continue its recent gains. Hidden Bullish Divergence is forming on the 12H and 1D MACD/Price Charts. RSI is also at a moderate Resistance level on the 1D. Price was rejected at the 50-EMA on the 12H and the 240-LMA on the 1D.
A LONG entry opportunity may present itself at the beginning of the trading week.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.