AUDCHF - SELL IDEA

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Looking at the AUD/CHF 15-minute chart, there's a clear opportunity for a short position. We've just seen the completion of wave (3) to the upside, which often signals a forthcoming corrective move. The price is currently facing resistance around the 0.5740 level, suggesting that it may soon retrace to the downside.

The likely targets for this pullback could be found at the Fibonacci retracement levels, with the 0.382 level around 0.57266 and the 0.618 level near 0.57198. These levels offer a good potential for short entries as the market corrects before potentially resuming the broader downtrend. Keep an eye on these levels for a possible bounce or further continuation of the bearish move.

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