AUD/CHF may rise 47 - 66 pips

0.5651 is our pivot point.

Our preference

Rebound towards 0.5748.

Alternative scenario

Below 0.5651, expect 0.5619 and 0.5600.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.5685 and 0.5698).

Supports and resistances

0.5787 **

0.5768 *

0.5748 **

0.5729

0.5682 last

0.5663

0.5651 **

0.5619 *

0.5600 **

Number of asterisks represents the strength of support and resistance levels.