Eventhough the 50 EMA is below the 200 EMA which indicates that Sellers dominate the AUD/CHF currency pair on the 4-hour chart, the presence of the Y-Wave Ichimoku Projection pattern gives an indication that in the near future this currency pair has the potential to be corrected and strengthen upwards to form As long as the Y point does not occur again and breaks below the 0,5895 level, AUD/CHF will try to go to the 0,5963 level if momentum and volatility support it, then the next level to go to is 0,5992.
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