AUDCHF LONG
The AUD is increasing in strength at the moment, as the S&P500 + SNPS (stocks) are also strengthening and we know AUD movement is strongly correlated with them. AUD is particularly strengthing against the dollar. Whilst CHF is weakening against the dollar and the majority of other currencies pairs.
Looking for a retest of the trend line before a break above, particularly with any bullish divergence on the RSI possibly higher to the next all-time high on the 4h chart
Looking for a retest of the trend line before a break above, particularly with any bullish divergence on the RSI possibly higher to the next all-time high on the 4h chart
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.