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AUD/CHF chart - Trading View
AUD/CHF was trading 0.49% higher on the day at 0.6366 at around 09:00 GMT.
The pair has closed above 110-EMA on Monday's trade and is set to extend gains.
Analysis of GMMA indicator shows major trend is turning bullish, while minor trend is bullish.
Stochastics RSI is showing a rollover from near oversold levels and parabolic SAR supports gains.
Price action has bounced off 21-EMA support and is on track to test 200-DMA at 0.6520.
Decisive break above 200-DMA could see a shift in major trend. Retrace below 21-EMA negates bullish bias.
Support levels - 0.6317 (110-EMA), 0.6252 (21-EMA), 0.6147 (Lower BB)
Resistance levels - 0.6402 (Apr 30 high), 0.6520 (200-DMA), 0.6560 (55W EMA)
