Ending diagonal to retrace the bullish move
There is a chance that AUD/CHF could significantly go down during next few weekly sessions. The reason for that is the formation of an ending diagonal in a C wave position which is much clearer to see on a daily timeframe.
The present analysis goes side by side with similar projection for some other pairs:
EUR/AUD - up
EUR/NZD - down
NZD/CHF - down
The present analysis goes side by side with similar projection for some other pairs:
EUR/AUD - up
EUR/NZD - down
NZD/CHF - down
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