AUD/CHF Signal - Jan. 2, 2013

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By: DailyForex.com

Currency: AUD/CHF
Trend Expected Direction: Up
Method: Ichimoku, Technical Analysis
Description: The AUD/CHF pair continues to climb since the pair found support and reversed at 0.9433. We have bullish Tenkan Sen – Kijun Sen crosses on both 1H and 4H charts. Prices are also climbed above the Ichimoku cloud on the 1-hour time frame.
Recommendation: Long
Target Area: 0.9670 & 0.9700
Stop-Loss: 0.9515

AUD/CHF Signal - January 2, 2013

Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.