AUDCHF is presently in a motive phase within a descending channel.
If we use prior motive phases within this channel, possibly we can gauge the extent of the present power move.
As such there is a possibility price can move further to the downside until it meets resistance of
1. Trendline support
2. Monthly S3 pivot.
3. Major support level for 2015
Around this area , I would be watching for the buyers to step in and take price back into the channel.....