Aud/Chf is on its way down to the lower border of a weekly bullish channel,
as we can see by the downward action on the weekly chart within this channel:
Aud/Chf weekly chart
On the daily chart we see a sharp move down within this channel happening now,
the Fibonacci expansion areas of the last two moves down will eventually lead
the price action to the lower border around 0.834:
Aud/Chf daily chart
as we can see by the downward action on the weekly chart within this channel:
Aud/Chf weekly chart
On the daily chart we see a sharp move down within this channel happening now,
the Fibonacci expansion areas of the last two moves down will eventually lead
the price action to the lower border around 0.834:
Aud/Chf daily chart