LeoPrime Daily Market Analysis

We are a forex and commodities intermediary that accommodates
wide-ranging trading services to create the most user-friendly trading environment..

AUDCHF broke key resistance level 0.64000; Likely to rise to 0.65000 and 0.66000

AUDCHF continues to rise after the earlier breakout of the key resistance level 0.6400 (which stopped the two previous waves A and (i), as can be seen below). The breakout of the resistance level 0.64000 accelerated the active impulse wave C. With the strong bearish sentiment affecting the Swiss franc at the moment – AUDCHF is likely to extend the gains toward the next resistance level 0.65000 and 0.66000 (target price for the completion of the active impulse wave C).

Company Info

We are a forex and commodities intermediary that accommodates wide-ranging trading services to create the most user-friendly trading environment for both retail and institutional clientele. With years of gathered expertise as experience, we are not just invested in keeping up with the latest but also in generating custom solutions that are executable swiftly. Discover and flourish in our business model that has evolved to meet the skills of ace and naïve of a tyro with equal proficiency. If you’re looking to make the choice, then wait no further.