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AUD/CHF Hits .8600 Support, Rally to Resume

posted by Avatar fx360 1065 days ago in CHF, AUD, Daily made popular 1065 days ago

The AUD/CHF hit trendline support near .8600 overnight in what is shaping up to be an 8hr rising wedge formation. Within this rising wedge formation we have an emerging bearish butterfly pattern projected to complete at converging fib resistance near .8850 followed by .8950 in which case there is a higher probability for at least a temporary market
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