AUDCHF Long
AUDCHF long has been on the watchlist this as a strength and weakness pair. Strength coming from the AUD with a seasonal bias backing the strength up and weakness out of the CHF after recent declines against other currencies.
With this in mind, looking to take this pair long with a technical entry. As you can see price broke through and re-tested a key daily support. A break above the highs will be the entry with stops below the swing at 0.7403.
Looking to run this to the top of the weekly range to then look for a reversal signal.
With this in mind, looking to take this pair long with a technical entry. As you can see price broke through and re-tested a key daily support. A break above the highs will be the entry with stops below the swing at 0.7403.
Looking to run this to the top of the weekly range to then look for a reversal signal.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.