AUD/CHF reversed from resistance zone
Read the article on FBS website
- AUD/CHF reversed from resistance zone
- Next sell target - 0.7280
AUD/CHF recently reversed down with the daily Bearish Engulfing from the combined resistance zone lying between the key resistance level 0.7400 (former strong support from the end of May), 38.2% Fibonacci correction of the previous downward impulse 1 and the upper daily Bollinger Band. AUD/CHF is expected to fall further toward the next sell target at the next support level 0.7280 (low of the previous impulse wave 1).
