AUDCHF rallied to 8388, to top channel TL. The ABCD has been completed @8368, spiked higher and ret. only to 23.6fib. The spike down almost closed the gap to the breakout level. Expected ret. to at least 38.2 if the PA will cont. upwards. Good support at 83 level. Possible dropping to lower channel boundary but so soon.
The strong RSI div. shows exhaustion of this rally and ret. very likely.
The strong RSI div. shows exhaustion of this rally and ret. very likely.