FX.co ★ Technical Analysis of Intraday Price Movement of AUD/CHF Cross Currency Pairs, Thursday June 27 2024.

On the 4-hour chart, the AUD/CHF cross currency pair shows that the 20 EMA is above the 50 EMA, which indicates that market conditions are strengthening, especially with the appearance of hidden deviations between its price movements and the Stochastic Oscillator indicator, confirming that in the near future AUD/CHF has the potential to appreciates stronger where the level of 0.5982 has the potential to be tested where if this level is successfully broken upwards then there is the potential for AUD/CHF to continue strengthening up to the level of 0.5995 as the main target and if the momentum and volatility support then the level of 0.6019 will be the next target to be aimed at but all scenarios This strengthening could become invalid and cancel itself if on its way to the target levels that have been outlined, AUD/CHF suddenly experiences a significant weakening correction, especially if it succeeds in breaking below the level 0.5886.

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