OIL price: still rising
The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
AUD/CHF may consolidate
Information is not investment advice
On the daily chart of AUD/CHF, the pair is near the resistance at 0.6936. RSI is near the overbought area, Stochastic oscillator is already there. It means that the risks of the fall are high. In the case of the rebound, the pair will move to the support at 0.6878. Rise of the pair may be seen if only it sticks above 0.6936. However, the next resistance is close - 0.6990.
Darya Bobrova
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