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AUDCHF 15 Jun 2023

AUDCHF 15 Jun 2023 on the Daily timeframe, it can be seen that this pair is experiencing a fairly good and long bullish trend over the past few days. It has been steadily increasing since it last touched 0.58778 and then climbed until it is now at 0.61557. If this pair is still able to rose until it penetrates the 50.0 Fibo level, then go-long can be an option for traders. However, if there is a trend reversal because it can be seen that the stochastic pair has long been in a saturation point, then go-short is the choice. Look for another clearer indication before taking a position of trading.

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