AUDCHF: Important Breakout & Reversal

Short

Australian Dollar / Swiss Franc (FX:AUDCHF)

Updated

FX:AUDCHF Australian Dollar / Swiss Franc

Trend Analysis Chart Patterns Wave Analysis australiandollar swissfranc aud chf AUDCHF Forex trading Technical Analysis swing

trendanalysis chartpattern waveanalysis australiandollar swissfranc aud chf audchf forex trading technicalanalysis swing

snapshot

It looks like AUDCHF is preparing for a major reversal:
the price has formed a lower high on a daily and then broke below a support line of a major rising channel.

Now we see the attempt of bulls to retest the broken structure.
Bearish impulse may start there.

Potential goals: 0.677 / 0.672

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Check my new idea on EURNZD:

EURNZD: Important Structure Breakout

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