AUD/CHF rising inside minor C-wave

AUD/CHF rising inside minor C-wave

  • AUD/CHF rising inside minor C-wave
  • Next sell target - 0.7400

AUD/CHF has been falling sharply in the last few trading sessions inside the minor C-wave of the intermediate ABC correction (2) from the middle of September. The price earlier broke through the two consecutive support levels 0.7580 (low of the earlier wave A) and 0.7510 (monthly low from August). The breakout of these support levels accelerated the active waves C and (2). AUD/CHF is expected to fall to the next ell target at the next support level 0.7400.

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