AUD/CHF give me forecast and analysis for the next 6 hours

The AUD/CHF currency pair is currently navigating a landscape of mixed signals, with global economic conditions and technical indicators providing conflicting outlooks. Here's a detailed analysis and forecast for the next six hours:

1. **Recent Trends and Influencing Factors**:
- **Global Economic Conditions**: The AUD/CHF pair often serves as a barometer for global economic health. Australian economic indicators and Swiss monetary policy decisions are crucial. The Swiss Franc is considered safe during economic uncertainty, while the Australian Dollar responds more to global economic conditions.
- **Technical Analysis**: The pair is currently trading below the 50-day moving average, indicating a bearish trend. However, the Relative Strength Index (RSI) is in oversold territory, suggesting a potential for a bounce-back.
2. **Technical Analysis**:
- **Chart Patterns**: The price action has consolidated above the key level of 0.5800 but has since broken below it, indicating a shift in momentum. The price also closed below the 61.8% Fibonacci retracement, suggesting further downside potential.
- **Pivot and Support Levels**: The pivot level at 0.57992 and the first support level at 0.57304 are critical. A breach below the support level could signal a continuation of the bearish trend.
3. **Short-Term Forecast**:
- **Bullish Potential**: The RSI is in oversold territory, indicating that the pair may be due for a correction or bounce-back.
- **Bearish Threats**: However, the recent breakdown below the 0.5800 level and the consolidation below the 50-day moving average suggest ongoing bearish pressure.
4. **Analysis in the Next Six Hours**:
- **Immediate Focus**: Traders should monitor the 0.57304 support level for any signs of holding or breaking. If the support level holds, there may be a short-term bounce-back.
- **Traders should also watch** for any updates on Swiss monetary policy or Australian economic indicators that could influence the pair's movement.

In conclusion, while the oversold condition indicated by the RSI suggests a potential for a short-term bounce-back, the bearish trend indicated by the price action and the breakdown of key support levels suggests that the AUD/CHF pair may continue its downward trajectory in the immediate future. Traders should exercise caution and consider these factors when positioning their trades.