AUDCHF - Hitting a ceiling?
I'm expecting AUDCHF to continue being rejected by the weekly resistance after a retest of the rising trendline, before breaking back below to continue the downward trend that it's been on for a couple of years.
CHF 's world value remains very strong despite this recent short-term sell off and is risk-off.
AUD is risk-on, which I believe will fall due to global recession.
I'll be looking for sells on a break of the rising trendline and retest.
CHF 's world value remains very strong despite this recent short-term sell off and is risk-off.
AUD is risk-on, which I believe will fall due to global recession.
I'll be looking for sells on a break of the rising trendline and retest.
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