AUD/CHF Price Analysis: Bullish conditions persist for buy setup

AUD/CHF remains on course for a breakout to the upside.
An extension of the daily breakout opens prospects of mid 0.67 area.

Ross J Burland FXStreet

The bulls are looking for an extension of the bull trend following a break of current resistance from which a bullish setup on a retest of resistance turning support can target 0.6745.

The following is a top-down analysis of the market and an update of the prior article as follows:

AUD/CHF Price Analysis: Bulls looking set for 1:3 R/R on break of resistance structure

1 Month chart

1W chart

1D chart

4HR chart

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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