below 0,9750 we see a nice support cluster based on long term highs/ lows, based on 50% retracement from last swing and possible completion of a harmonic ABCD pattern (1:1 projection). Trades can be taken based on minor trends (eg. 240m) with targets of 1.016/ 1.023/ 1.035
After long and impulsive upmove we're now in a correction move with a strong resistance. We see last structure high from 5th September which is also the 0.382 fib retracement of the last upmove which is also the possible endpoint of the correction move. Good buying opportunity with target of at least 102.850
After the blue trend established we possibly could get next opportunity to short the AUDCHF. We could open market with stopps above 08450 or we could wait for a smaller downtrend to establish and play this down to the last low at 0.8205
Time for reentry in the AUDCHF, we got a possible fakeout and just established a new downtrend on which we can play
blue trend retraced nearly 100%, possible CRV 7, idea is continuation of blue trend
The idea is to play the continuation of the blue trend at least to yesterdays high