Hello,Traders! AUD-CHF keeps falling but The pair will soon retest A horizontal support level Of 0.595 from where we Will be expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow!
The support zone looks solid as the price has been rejected multiple times before the breakout occurred. It appears the support zone might align with the 50% Fibonacci retracement, which is a good sign of bullish momentum coming into the market. I suspect a rising trendline might also align with the support zone, which is another sign of bullish momentum. Let's see how this plays out in the coming market session. Nice analysis. I'll keep an eye on it.
JoeChampion
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Market should go risk off and choose safe haven currencies. CHF, JPY and USD should be bought!