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AUDCHF continues to rise after the earlier breakout of the key resistance level 0.6400 (which stopped the two previous waves A and (i), as can be seen below). The breakout of the resistance level 0.64000 accelerated the active impulse wave C. With the strong bearish sentiment affecting the Swiss franc at the moment – AUDCHF is likely to extend the gains toward the next resistance level 0.65000 and 0.66000 (target price for the completion of the active impulse wave C).
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