AUDCHF rebounded from supply zone at level 0.6614 with strong bearish movement
Price rejected after retesting broken corrective uptrendline and 78.6% Fibonacci level of preceding bearish wave at level 0.6596
Below Moving Average 100
AUDCHF is based below HVN at level 0.6580 which indicates that pair is in distribution phase
It's expected to target first key level at 0.6510 then continue going down towards demand zone at 0.6440
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