AUD/CHF:SELL From Bearish Flag 50% FIBO Bearish Channel SHORT

AUD/CHF Inside a Bearish channel, in the last sessions after a Pullback on the Resistance level of 0.6530 the price had a new bearish impulse in the direction of the main trend. The support at 0.6340 will be crucial for the price to continue its rally in case of a breakout. Meanwhile, a Bearish Flag configuration formed with rejection candles on the 50% Fibonacci level under the 50 Moving average will works like a dynamic resistance in case the price will have a deeper retracement. The forecast Ichimoku is still bearish and our clues talk about a new Push down in the direction of the main trend.

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