AUD/CHF Long-Term Trend: Bearish
Key Resistance Levels: 0.65900, 0.65954, 0.66020
Key Support Levels: 0.65621, 0.65401, 0.65277
We made an attempt at consolidating on the diagonal support line, but that failed and we now seem to be making another breakout to the downside.
AUD/CHF Medium-Term Trend: Bearish
Elliot wave signals a (12345)-wave count may be under way. If so, this may be the final leg down before we finally find some long term support.
Sell Limit order @ 0.65867
TP 1 @ 0.65486
TP 2 @ 0.65283
Stop Loss @ 0.66071
Trade Safely 🙂