AUDCHF Weekly Forex Forecast 20th October to 26th October by yshashmi37 on TradingView.com

Midterm forecast:

While the price is above the support 0.6870, beginning of uptrend is expected.
We make sure when the resistance at 0.7145 breaks.
If the support at 0.6870 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:

While the RSI resistance #1 at 58 is not broken, the probability of price increase would be too low.
A trough is formed in daily chart at 0.6970 on 10/11/2018, so more gains maximum to Major Resistance (0.7145) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 55.

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