AUD/CHF 4H: Double Bottom Recovery!Australian Dollar vs Swiss FrancCFI:AUDCHFCFIAUD/CHF Rebounds from Key Support AUD/CHF has rebounded from the 0.5545–0.5555 support zone, where buyers stepped in on two separate occasions (marked by the green arrows). These reactions have established a short-term base and prevented further downside. Recovery Tests Key Resistance Following the rebound, price has recovered steadily and is now approaching the 0.5590–0.5600 resistance zone (highlighted in red). This area has acted as a ceiling in recent sessions and remains the key barrier to further upside. Price Moves Above the Bollinger Basis AUD/CHF has climbed back above the 20-period Bollinger Band basis (0.5573), indicating improving short-term momentum. Price is now trading in the upper half of the Bollinger Band range as it advances toward resistance. Double Bottom Pattern Taking Shape The two recent lows around 0.5550 suggest a developing double bottom pattern. While the formation remains unconfirmed until price breaks above resistance, it signals a potential shift away from the previous bearish trend. RSI Reflects Improving Momentum The Relative Strength Index (RSI) has climbed to around 58, its highest reading in recent trading sessions. This suggests strengthening bullish momentum while remaining below overbought territory, leaving room for further upside.