AUDCHF Wave Analysis 11 March, 2021

• AUDCHF reversed from resistance level 0.7225

• Likely to fall to support level 0.7100

AUDCHF today reversed down from the resistance level 0.7225 (which has been reversing the price the end of February).

The pair is lily to form the daily candlesticks reversal pattern Shooting Star if the price closes today near the current levels.

AUDCHF is likely to fall further toward the next support level 0.7100 (low of the previous minor corrective wave 4 from the start of March).