kfrivaldo

AUDCHF similar movement of AUDUSD with W pattern.

Short
FX_IDC:AUDCHF   Australian Dollar / Swiss Franc
Once W pattern reach 0.62332 area, there is high a probability that it will revisit the neckline. at 0.60000 area.

0.62332 area used to be a previous support and will likely become resistance.

If the market shows bearish momentum at 0.62332 area, the target level will be at the neckline at 0.59750