AUD/CHF chart - Trading View
AUD/CHF was trading 0.12% higher on the day at 0.7230 at around 08:55 GMT, the pair is extending bullish streak for the 5th straight session.
The pair finds support from upbeat Australian Q4 Private Capex data and weaker safe haven demand for the franc amid improving risk sentiment.
Australia’s Q4 Private Capital Expenditure grew past-market forecast at 0.0% also reversed the previous -3.0% contraction with a +3.0% print.
The pair has hit 22-month highs at 0.7237, has edged above 76.4% Fib and is on track for further gains.
Price is extending breakout above 200W MA and is testing resistance at monthly cloud.
Volatility is high and rising and momentum is bullish, scope for test of 110 month EMA at 0.7528.
Immediate support is seen at 5-DMA at 0.7150, retrace below 200W MA will negate near-term bullish bias.


FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: USD/CNY hits 15-month low , scope for further downside
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 



