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

NEWS | 9/21/2020 1:14:36 AM GMT | By Ross J Burland

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

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

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.