AUDCHF bullish momentum | 22nd Oct 2021

Price is abiding to an ascending trendline, signifying a bullish momentum. We can expect price to bounce up from the pivot in line with the grahpical overlap and ascending trendline support , towards the take profit in line with 78.6% Fibonacci retracement and previous swing high. Our bullish bias is further supported by the price holding above the Ichimoku cloud and RSI indicator abiding to the ascending trendline support.
audAUDCHFChart PatternschfHarmonic PatternsTrend Analysis

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