Daily Analysis 28/10/2021

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY AUD/CHF

Support & Resistance: R1: 0.693
From the daily chart, it is forming a double top, traders can trade short positions for the retracement.

 

H4 AUD/CHF

Support & Resistance: R1: 0.693
From the H4 chart, traders can trade short positions and take profit when it reaches the support level.

 

TRADING TIPS


Short Position

0.688

0.681

0.695