AUD/CHF Reversed Off Resistance, Prepare For Further Drop
AUD/CHF reversed off its resistance at 0.7236 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 0.7195 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected. AUD/CHF reversed off its resistance where we expect to see a further drop.
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Jeff Wecker