FX:AUDCHF   Australian Dollar / Swiss Franc
Presented is a 1 hr chart sell analysis

We currently see an immediate pivot at key resistance 0.70900. If this bar closes out with little retracement we have first confirmation of a reversal.

We can rely on indicators to detect pullbacks. We are seeing RSI trying to breach 50 while SRSI is making its reversal point. MACD and SIGNAL are setting up for a cross back down.

We can enter if this bar closes below 0.70600. Take profit at next key support of 0.70200.

Please comment with thoughts and ideas. Thank you.

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