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FX.co ★ Technical analysis of AUD/CHF for October 18, 2016

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Forex Analysis

2016-10-18T12:09:40
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Technical analysis of AUD/CHF for October 18, 2016

As projected in our previous analyses, AUD/CHF continued to move higher. The pair broke above the 23.6% Fibs resistance and could potentially move towards the next Fib target at 0% level (0.7666)

Consider fixing some profits and/or holding long positions while moving stop loss to a breakeven level.

Support: 0.7567, 0.7506

Resistance: 0.7666

Technical analysis of AUD/CHF for October 18, 2016

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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