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HiteshArora

AUD/CHF Elliott Wave Update: Eyeing Further Downtrend

Short
Australian Dollar / Swiss Franc (OANDA:AUDCHF)  
HiteshArora Updated   
OANDA:AUDCHF   Australian Dollar / Swiss Franc
Elliott Wave Wave Analysis AUDCHF Forex eliotwave
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elliottwaves waveanalysis audchf forex eliotwave
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.
Trade closed: stop reached
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