AUDCHF recently reversed up from the key support level 0.65000 (which has been repeatedly reversing the price from the middle of June ), intersecting with the lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous upward impulse (C) from the start of May. Given the strength of the support level 0.65000 and the rising bullish sentiment affecting the Australian dollar today – AUDCHF is likely to extend the gains toward the next resistance level 0.6600 (top of wave 2) – the breakout of which can lead to further gains toward 0.67000 (top of wave (2))