Currency pair AUD/CHF is growing for a long time, especially the dynamic upward trend is visible since beginning of the year. In Feb price reached new trend highs, and since then makes corrective movement. Daily chart shows almost classic situation where the withdrawal stops perfectly at previously broken resistance level. The second day of growth makes it likely that we have a rebound and pair returns to the main trend.

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On H4 chart we see great similarity of the current correction with the previous one. In terms of both duration and range. Currently market is trying to break correction line. It seems that it could confirm return to the extremely dynamic growth trend.

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Ransquawk