linofx1

AUDCHF: Important Bullish Breakout

Long
OANDA:AUDCHF   Australian Dollar / Swiss Franc
AUDCHF is currently in an uptrend, having recently broken and closed above an important intraday horizontal resistance level.

The previously broken resistance has now become a support level, with the price currently retesting this level.

There is potential for the market to continue rising, with the next resistance level being at 0.5930.

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