AUDCHF: Broken Support, Bearish Flow In Play

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AUDCHF: Broken Support, Bearish Flow In Play AUD/CHFOANDA:AUDCHFwajahatarif Timeframe: 1H Bias: Bearish Type: Support Turncoat → Breakdown Play 📊 Technical Setup AUDCHF previously broke the 4H resistance (0.5236) which flipped to support. However, price has now broken below this support, confirming it as a failed demand zone. •Entry: Market execution or retest of 0.5236 •SL: Above 0.5245 •TP: 0.5189 •RR: ~1:2 •RSI: Below 50 and heading lower = momentum supports downside 📉 Macro & Fundamental Confluence •AUD Weakness: RBA dovish, conditional score declining, bearish seasonality •CHF Slightly Less Weak: Despite SNB dovish stance, CHF is outperforming AUD •COT + Sentiment: AUD CFTC weakening, CHF holding steady •Risk Sentiment: RISK ON environment reduces CHF demand but AUD still underperforms 🧭 Gameplan “Support failed to hold. Bearish pressure intensifies. Target previous swing low zone.” 🔔 Watch for retest of 0.5236 for better RR setup before continuing short.