AUDCHF has reached the resistance zone after a long time in the Daily time frame chart. Expecting a correction from this resistance zone.
After the confirmation of the downward move, AUDCHF Sell signal is given.
AUDCHF has reached the take profit successfully.
Australian dollar shows positive mode as Vaccine hopes and RBA said there may be negative rate expectations and no rate hike at least three years from now.
Swiss Franc is a stable currency, however, in Pandemic, this is also affected which leads the market price to reach Strong resistance zone on AUDCHF daily time frame chart.
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