AUDCHF: Waiting For Confirmation

📊AUDCHF is currently experiencing a bullish trend and has recently reached a new high on a 4-hour time frame before consolidating within a horizontal trading range.

I am anticipating a bullish breakout above the resistance level of 0.5828, as a 4-hour candle closing above this level will demonstrate the buyers' strength.

If this breakout occurs, it will confirm a bullish continuation, with the next resistance level expected at 0.5860.