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FxWirePro: AUD/CHF extends sideways along 200-DMA support, break below to see weakness

AUD/CHF chart - Trading View

AUD/CHF is extending range trade along 200-DMA support.

The pair trades with a neutral bias on the intraday charts, break below 200-DMA will plummet prices.

RSI is sharply lower and Stochs show strong bearish momentum. Volatility is shrinking.

Break below 200-DMA will see dip till daily cloud. Bounce off 200-DMA will see upside resumption.

Major Support levels - 0.6496 (200-DMA), 0.6416 (55-EMA)

Resistance levels - 0.6530 (5-DMA), 0.6705 (Upper BB)
 

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