Currency pair AUDCHF on the 1-hour chart ascended to the downtrend line started at the end of March. At this point, has formed a candle with the long wick, which seems to test just mentioned trend line.
If the the price action will point to return to the falls you can consider buying a PUT option (on the decline). On the other hand, closing above the trend line and the maximum candle with the long wick, negates the pro-downward bias on this currency pair.
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