FX.co ★ vgrady | AUD/CHF [10]

Hello everyone! Chart of the currency pair AUDCHF. Currently, sellers are putting pressure on the market, and it is trading at the level of 0.5821, which is below the standard support level of 0.5829, indicating market overextension. The current decline may evolve into a new intraday rally if selling pressure weakens and buyers react positively. Buyers have two important targets: first - to reach the level of 0.5855, and second - one of the resistance lines at the level of 0.5881, which is a more aggressive target. These factors suggest that today will end in favor of the buyers.