There are indications of a potential reversal in the CHFAUD currency pair. The suggested stop loss is set at 1.626, which acts as a risk management tool to limit potential losses if the reversal doesn't materialize as anticipated. On the other hand, the take profit level is identified at 1.647, representing the desired price target.
It's important to note that technical analysis provides insights based on historical price patterns and indicators. However, market conditions can be unpredictable, and there is no guarantee that the anticipated reversal will occur or that the price target will be reached.