Market Conditions for CHFAUD as at Sep 18, 2020
Loading Market Conditions for CHFAUD (Swiss Franc/Australian Dollar)...
Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Swiss Franc/Australian Dollar
Swiss Franc/Australian Dollar ProfileThe Swiss Franc/Australian Dollar (CHF/AUD) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. CHF is the base currency and AUD is the quote currency, meaning that 1 Swiss Franc was worth 1.5047 Australian Dollar at the end of the New York trading session on Friday, -0.04% less than at the previous close.
Technical Analysis Summary for Sept. 18, 2020
While the market is experiencing a short-term uptrend, this might just be a correction, as both the medium and long-term trends are still bearish. Friday's trading range has been 75 pips (0.5%), that's far below the last trading month's daily average range of 115 pips. Selling could accelerate should prices move below the close-by swing low at 1.5002 where further sell stops might get activated.
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