AUDCHF Weekly Forex Forecast 25th November to 1st December by yshashmi37 on TradingView.com

Midterm forecast:

0.7115 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:

While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low.
A peak is formed in daily chart at 0.7340 on 11/16/2018, so more losses minimum to Major Support (0.7115) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 52.

Share This