AUDCHF Bounce trade?

Currently we are @ 0.6625 in a range and after bouncing hard on the day chart bottom. We are looking for a continuation initially to the 0.382 Fibo @ 0.6648 and then the 0.500 Fibo @ 0.6761. Watch for the stall there. The average daily true range (ATR) for the pair currently is 51 pips but its 180-day ATR is 56 pips a day.

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