Sell on pullback on H4 using 10 & 20 EMAs. Target 1.2120
CADCHF short sfter it's cousin AUDCHF
A while ago we were hoping for gold to hit 1500 mark; seems like too many fundamentals and hence the tug of war (sepcially between Trump and Powel). For now it seems short till 1300-1280.As I am already long on UJ till 112.00, and Gold moves in the opposite direction of UJ with a lot more pace, I hope by the time UJ will hit 112.00. Gold will be around 1260-50.
USDCHF has retraced 0.618% since its last impulse down; is on a daily and H4 resistance. A breakout of that trend line will seal its fate downwards.
AUDCHF: Sell on breakout of trend line
AUDCHF: Horizontal resistance + Fib 0.618 %. Wait for breakout of trend line.
Sell when the candle touches the 10 EMA