AUD/CHF Testing Strong Support at 0.56750 with Bearish Outlook
Updated
The AUD/CHF chart shows a strong bearish trend, with the price having retested the 0.56750 support level twice. Despite this support, the downtrend indicates that the pair may break below this level. The expectation is for the price to move further down toward 0.56472 if the support is breached. This support level has held previously, but current momentum suggests a potential breakdown, aligning with the bearish trend.
Trade closed: target reached
Target Reached ✅✅✅
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