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AUDCHF News

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Last Updated Date: 22 March 2023 @ 11:42 AM (UTC)
*Please note that all the dates are in GMT time zone

The AUDCHF rallies from last week still hint for a short term trend shift to the upside. Look for attempts to extend rallies, but trade will need to post a close over 0.6230 to attack the previous swing high peaking levels 0.6248. Be careful for another corrective congestion day. A close under 0.6086 is bearish and suggests a selling wave to new lows and possibly 0.6024.

 
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RISK WARNING

CFDs are complex instruments that come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is still possible for significant losses to occur; around 78% of retail investor accounts lose money when trading CFDs.
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