AUDCHF facing bullish pressure| 28 Apr 2021

28 thg 4, 2021

Prices are facing bullish pressure from horizontal swing low support in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 61.8% Fibonacci retracement. If prices push lower, prices might take support from horizontal swing low support which coincides with 78.6% Fibonacci extension and 50% Fibonacci extension. Stochastics is also taking support from 9.79 level, potential for bounce.