AUD/CHF to sell on RBAThe AUD/CHF pair has broken its uptrend and will sell off on a dovish tone from the RBA in their Interest Rate decision later tonight. The Franc continues to be the ultimate safe haven currency in the world.
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ICHIMOKU AUD/CHF Sell below 0.68346 One of our new setup idea for next week.
Why did we choose this pair which we usually don't trade ? Check it out on www.ichimokuforex.com
A technically strategic zone for AUDCHFThe AUDCHF cross has caught my eye because prices started rebounding off their 2011 lows after the SNB event in January. The fundamentals remain bearish given the Swiss franc's strength and the RBA's monetary policy. The technicals suggest however that this pair could hold above 0.63 CHF with a long-term channel support around this level. This is definitely something to watch if the Swiss franc continues to strengthen.
