AUD/CHF - Weekly Analysis
On Monthly:
Overall is Bearish move towards 0.53400 lowest since 2020.
It is moving towards 0.55900.
EMA 200, 50 and 20 are all above price.
-- On Weekly:
EMA 200, 50 and 20 are above the price.
It has broken Rising Wedge / Correction.
Price was rejected at R. 0.57200and it's going towards 0.55900.
--On Daily:
A sort of Double Top is formed and touched 200 EMA twice and got rejected.
It support Monthly and Weekly analysis.
-- On Hourly:
It confirms previous timeframes and complement the overall Bearish move.
All three EMAs, 200, 50 and 20 are above price sequentially.
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