Just as with AUDCHF we have been trading this market long successfully and now we are approaching a key resistance up at 0.6720 with 1.618 Fib extension confluence.
This market is almost mirror imaging AUDCHF and could be traded instead of the AUDCHF pair. Again counter-trend traders here could look for short opportunity back into key highs.
Look for double top patterns or the market to create lower lows before executing a short trade. We could see the market pullback into the key highs at 0.6600 before seeing more upside
in line with trend.
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