AUD/CHF Elliott Wave Update: Eyeing Further Downtrend

In this analysis of the AUD/CHF pair, we delve into the corrective phases of the Elliott Wave theory, focusing specifically on the formation of Wave C. The chart shows a clear completion of Wave B, and we are now observing the development of Wave C, which suggests a potential bearish move towards the 1.618 Fibonacci extension of Wave A, located around 0.577.

أغلقت الصفقة: تم الوصول لوقف الخسارة