AUDCHF recently reversed up from the support area lying between the key support level 0.67000 (which has been reversing the price from October), lower daily Bollinger Band and the 50% Fibonacci correction level of the previous ABC correction (4). Given the strength of the aforementioned support area and the rising bullish sentiment affecting Australian Dollar today – AUDCHF is likely to rise toward the next resistance level 0.67900 (top of the previous minor correction 2 from the start of December).
