Aud been great & overvaued CHF
snb.ch/en/mmr/reference/pre_20160317/source/pre_20160317.en.pdf
the first 3 paragraphs are important.. Also -Aussie- Gov. Stevens speaks March 22. the rise 2 Aud has been in its Monetary policy.. it mentioned low interest rates are support demand..followed up by good trade balance & -GDP- unemployment rate also went from 6.0 to 5.8 the other day. will keep R/R substantially low once price breaks out. a good SL for this is the 0.7200 area. but just look into the statement coming out for further indication..mayb u can save urself from having such a bad loss.. but with Australia's growing economy & recent good news.. I don't see any negative words coming out of his mouth
the first 3 paragraphs are important.. Also -Aussie- Gov. Stevens speaks March 22. the rise 2 Aud has been in its Monetary policy.. it mentioned low interest rates are support demand..followed up by good trade balance & -GDP- unemployment rate also went from 6.0 to 5.8 the other day. will keep R/R substantially low once price breaks out. a good SL for this is the 0.7200 area. but just look into the statement coming out for further indication..mayb u can save urself from having such a bad loss.. but with Australia's growing economy & recent good news.. I don't see any negative words coming out of his mouth
Note
bought at 0.729.. this is a LONG term trade. my SL is around0 0.709
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