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AUDCHF broke resistance zone; Likely to rise to resistance level 0.68000

AUDCHF currency pair recently broke the resistance zone lying between the pivotal resistance level 0.66350 (former monthly low from the end of July) and the 50% Fibonacci correction of the earlier sharp downward impulse (i) from the start of August. Given the prevailing bearish Swiss franc sentiment seen acorns the FX markets today and with the above price area acting as the support zone now, AUDCHF currency pair can be expected to rise further toward the next resistance level 0.68000 (which has been reversing the price from July).

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