Thread: Aud/chf analysis

Looking at the AUD/CHF pair for 1 hour, it is noticeable that it is gaining some pips at the price level of 0.5995 Should there be a continuous appreciation in the price, the next resistance level will be 0.620 with the next support level at 0.5985.

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Trading in less volatile pair is good and free of risk but if you want to trade in highly volatile trading pair, you need a good trading broker. XAUUSD includes high trading spread which will reduce your trading profit. Eurotrader charges narrow trading spread in majority of their trading pairs.

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