COMING FROM STRONG DOWNTREND AUD/CHF IS FACING STRONG RESISTANCE AND GOT REJECTED FROM RESISTANCE LEVEL 55MA AND 21MA CROSS OVER IN LOWER TIME FRAME I.E HOURLY IS ALREADY HAPPENED'
From our analysis, it seems the pair breakout from the resistance trend line & Bollinger upper band and Doji candle formed in hourly pattern, so now it is expected to come down till the value @0.74095
AUDCHF broke the Trendline with selling momentum,We can see the very good down trend from now.
AUDCHF - Can go for Buy , Good Trend Line Support , TGT As per The Chart
FX_IDC:AUDCHF has shown indecision at 0.75356 levels, Buy above 0.75407 for a target of 0.7569 with a stop loss below 0.7524
Reason : Upside momentum shifted over a week now with 3 touch. This in turn, to trigger short orders to take out people from next big upside leg (copy of 1st leg from 0.68~0.76). They may event this (upside 2nd leg) with some big news. Timeframe : short wave to reach trgt within 3 weeks then settle there to shape big upside second leg.