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AUD/CHF chart - Trading View
AUD/CHF grinds sideways, technical analysis for the pair fails to provide a clear directional bias.
The pair has been ranging since 15th June and hovers along 21-EMA and daily cloud top.
On the day, the pair was trading 0.16% higher at 0.6536 at around 12:00 GMT. RSI is flat and Stochs show strong bearish momentum. Volatility is extremely low.
Break below 200-DMA will see dip till daily cloud. Bounce off 200-DMA will see upside resumption.
Upbeat market mood capped any strong gains for the safe-haven Swiss franc and might help more gains.
The pair trades with a neutral bias on the intraday charts, break below 200-DMA will plummet prices.
Support Levels - 0.6481 (Cloud base), 0.6454 (200-DMA)
Resistance Levels - 0.6549 (Cloud top and 50-DMA), 0.6589 (Kijun sen)
