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A slow down? After three days of going up, Dollar/Swiss is flat today, hovering around 0.9113.

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(Last update 6:11pm EST, November 9, 2021)

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Dollar/Swiss started the day at 0.9113 went up to 0.9115, only to drop back to mid point range and is now trading at 0.9113.

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As the day reaches an end a chart visual study suggests nearest resistance level is at 0.9307, followed by 0.9345 at the next level. In terms of trend indicators, we can see that as Dollar/Swiss's MACD index generated a crossover buy signal, the medium-term indication has turned positive. This occurs as the MACD line crosses above the MACD signal line. Asset volatility analysis shows that The lower Bollinger band of Dollar/Swiss is at 0.908. In contrast, at 0.9127, Dollar/Swiss made an initial breakout below the 10 day Simple Moving Average.

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Overall, looking at the technical analysis landscape, it seems Dollar/Swiss likely to continue pointing upward in the short term.

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Dollar/Swiss has gained 3.2% this year.

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Australian dollar hovers around 0.7378

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(Last update 6:11pm EST, November 9, 2021)

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Currently light red, Australian dollar down to 0.7378 after ranging today between 0.7382 and 0.7375.

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As the day reaches an end a chart visual study suggests nearest support level is at 0.7177, while the closest resistance is at 0.7532. In terms of trend indicators, we can see that at 0.7413, Australian dollar made an initial breakout below the 5 day Simple Moving Average. Aussie/Dollar's CCI indicator is bellow -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator. In contrast, a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 0.7362 – a low enough level to usually suggest Australian dollar is trading below its value.

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Overall, looking at the technical analysis landscape, it seems that although indicators are mixed and some are pointing in different directions further drawback may be next for Australian dollar.

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Aussie/Dollar has decreased 3.61% this year.

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