AUDCHF might take the number one spot of consolidations this Year, having the price constantly rejecting or declining at 0.68994.
Two support level are evident to that statement now currently the market rejecting at the same price and even better
forming a double bottom pattern on H4 Timeframe, if this pattern becomes a success we looking at it sky rocketing up to
0.70193 which on additional confirmation, Fib place from previous resistance to the support level that is forever retested
and it gave us 38.2% level and if it that level is broken we surely going the famous fib zone "50% and 61.8%" which by that the consolidation
continues. The question is, is Australia and Swiss going to let this consolidation be broken at this point ?, because truth be told consolidations do
not last forever
Two support level are evident to that statement now currently the market rejecting at the same price and even better
forming a double bottom pattern on H4 Timeframe, if this pattern becomes a success we looking at it sky rocketing up to
0.70193 which on additional confirmation, Fib place from previous resistance to the support level that is forever retested
and it gave us 38.2% level and if it that level is broken we surely going the famous fib zone "50% and 61.8%" which by that the consolidation
continues. The question is, is Australia and Swiss going to let this consolidation be broken at this point ?, because truth be told consolidations do
not last forever