The AUDCHF fluctuates within the bearish track – Analysis – 13-1-2022
Economies.com
2022-01-13 05:59AM UTC
The AUDCHF pair still stable within the bearish channel until this moment, to repeat the fluctuation below the moving average 55 that forms additional barrier at 0.6700.
Note that stochastic reach to the overbought areas confirms getting rid of the positive pressures, to provide chances to gather the negative momentum again and reinforce the bearish track that might target 0.6580 followed by reaching the initial support at 0.6500.
The expected trading range for today is between 0.6700 and 0.6580
The expected trend for today: Bearish
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