AUD/CHF - Weekly Analysis
On Monthly:
Overall is Bearish move towards 0.53400 lowest since 2020.
It is moving towards 0.55900.
EMA 200, 50 and 20 are all above price.
-- On Weekly:
EMA 200, 50 and 20 are above the price.
It has broken Rising Wedge / Correction.
Price was rejected at R. 0.57200and it's going towards 0.55900.
--On Daily:
A sort of Double Top is formed and touched 200 EMA twice and got rejected.
It support Monthly and Weekly analysis.
-- On Hourly:
It confirms previous timeframes and complement the overall Bearish move.
All three EMAs, 200, 50 and 20 are above price sequentially.
Overall is Bearish move towards 0.53400 lowest since 2020.
It is moving towards 0.55900.
EMA 200, 50 and 20 are all above price.
-- On Weekly:
EMA 200, 50 and 20 are above the price.
It has broken Rising Wedge / Correction.
Price was rejected at R. 0.57200and it's going towards 0.55900.
--On Daily:
A sort of Double Top is formed and touched 200 EMA twice and got rejected.
It support Monthly and Weekly analysis.
-- On Hourly:
It confirms previous timeframes and complement the overall Bearish move.
All three EMAs, 200, 50 and 20 are above price sequentially.
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