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AUD/CHF - After a Kilroy Completion

AUD/CHF ended last week with a completion of an inverted head and shoulder aka "kilroy" pattern.

(AUD/CHF daily chart 3/31 Asian session)

This reflects a market that has turned from bearish to neutral, and is now threatening at least some short-term bullish correction action if not a bullish reversal. 

However, in the near-term, expect some bearish attempt as the market tags the 200-day SMA while the daily stochastic is overbought. 

If the throwback is supported above 0.8050, it would show respect to a bottoming pattern, and the bullish outlook has upside toward 0.8715-0.8756 in the medium term, in the upcoming month or so.