AUDCHF Technical Analysis ( 2 hours) :2023-01-31

Deltafx Admin 31 January 2023

After the break of the trend line and also the multi-axis, we can expect a decline in the form of a correction to 3 established areas for the time being:

0.64711
0.64436
0.64128

All the above areas can serve as support for the return or correction in the form of downside by creating a divergence.
If all targets are touched, we can expect the formation of a reciprocal pattern of harmonics for a supportive prz. Each movement is modified for the time being, so that it can find its approval at the major level.

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