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AUD/CHF: Next Target?

AUD/CHF: Next Target?

Currently AUD/CHF is at 0.6841 in a well-defined range but showing signs of bullish ascending wedge pattern. We are looking to continue to the 0.214 Fibo resistance area at 0.6939. Downside target on a failure is 0.6700. The average daily true range (ATR) for the pair currently is 89 pips.

AUD/CHF 60-Minute Chart

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