AUDCHF 1 HOUR SELL

PRICE RETRACED UP TO MY SELL ZONE FORMING PIN BAR THEN SLAMMING RIGHT BACK DOWN. ALSO IN CONFLUENCE WITH THE 61.8 FIB FROM THE DOUBLE TOP. RBA STATED THE CURRENCY IS STILL OVERVALUED AND NEEDS TO BE LOWER SO THIS SHOULD WEIGHT ON AUD WHILE CHF HAS GAINED STRENGTH MOST LIKELY BECAUSE ITS A SAFE HAVEN CURRENCY.
61.8audAUDCHFaudchfshortaustraliaaustralianBearish PatternschfconfluenceDouble TopdrbaFibonacci RetracementSELLshortswissfranc

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