At this time, the price is below the point where several static and dynamic resistances have met, and this issue reinforces the possibility of a return and price decline. In this case, equal to the valid Fibonacci correction percentage compared to the previous upward wave, the price is placed in the range of 161.8%, which coincidentally is equal to the 61.8% valid Fibonacci correction compared to the previous large upward wave.
AUDCHFChart PatternsTrend AnalysisWave Analysis

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