Australian Dollar / Swiss Franc
Long
Updated

Buy the audchf

Guys,
Techinically, I see a potential strong support area on the audchf, thus may offer us a nice risk reward ratio trade.

fundamentally, last week, the chairman of swiss central bank said the franc is too strong and overvalued, thus we expect, it would have some influence on the swiss pair.

From the long run, audchf can be a carry trade pair.

In any means, I would be in favor of buying this pair.

Success

RandR
Note
not too bad, as i close some positions, be careful the price may do a retest in the current level.

RandR

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