Bearish: Currently we are @ 0.7117 in a big range and out of the rising wedge pattern. IF we can break the 0.214 Fibo support, we are looking for a continuation initially to the 0.382 Fibo @ 0.7005 and then a move to the 0.618 Fibo @ 0.6965. The average daily true range (ATR) for the pair currently is 80 pips.

AUDCHF

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