AUDCHF continues to rise after the earlier upward reversal from the support area lying between the key support level 0.68300 (which has been reversing this currency pair from the start of January) and the 38.2% Fibonacci correction of the previous sharp upward impulse 3 from the middle of December. Given the strong uptrend that can be seen on the daily AUDCHF charts and the strongly bullish Australian dollar sentiment seen across the FX markets today – AUDCHF currency pair is expected to rise further toward the next resistance level 0.69100 (top of the previous impulse wave 3).