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AUD/CHF- flag formation confirming the appreciation on a daily

AUD/CHF- The new daily bar opened above the diagonal resistance of the flag formation on the daily graph. We can see appreciation of the australian dollar from the current levels towards the first resistance at 0.85. The daily trend remains up after the activated inverted head&shoulders at 0.81. The risk appetite on the markets is returning which is in favour of the riskier AUD currency.



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