AUD/CHF Forecast: 0.58 Support, 0.59 Target 25/09

AUD/CHF Forecast: 0.58 Support, 0.59 Target 25/09

MENAFN- Daily Forex) The Aussie dollar jumped back and forth on Thursday against the Swiss franc, as we are looking at this pair for the carry trade. The Aussie continues to be a strong currency in general.AUD/CHFThe Australian dollar has been noisy against the Swiss franc during trading on Thursday, as the Swiss National Bank decided to keep interest rates at 0%. This was expected, but there were, of course, comments being made, and that had a little bit of influence. Plus, we have had a significant amount of noise due to the idea that perhaps the Americans and the Iranians are trying to come to some type of terms with opening up the Strait of Hormuz.Top Regulated Brokers1 Get Started 74% of retail CFD accounts lose money

If we turn around and break above the top of the candlestick for the trading session on Thursday. That being said, the market is likely to say that we still see the 0.58 level as potential support. If we turn around and break above the top of the candlestick for the trading session on Thursday, I suspect that could lead to higher levels being tested, such as the 0.5850 level and maybe even the 0.59 level after tha...