The price pivot zone of 0.6232 is holding back buyers. A bearish divergence has formed on Awesome Oscillator. The ascending H12 level pattern is truncated.
Trading recommendations:
Sell while a descending wave pattern is forming, where the wave (A) breaks through the inclined channel of an ascending truncated H12 level pattern, completing it.
Stop loss: beyond the local maximum (0.6232).
Target levels: 0.6071; 0.5950; 0.5834.
After the first profit taking, move the stop loss to breakeven.
The AUDCHF rate online: monitor the movement if the pain in real time.