• Joseph Barreca

AUD/CHF On a Landslide?

Taking the time today to write about AUD/CHF. The pair is in a clear downtrend as we hold under the 200 D EMA and is also currently testing the resistance at 0.67835.

Ideally, a short position in the area isn't bad at all with targets at 0.66885 or so. There really isn't much to talk about in terms of fundamentals, however the increasing lockdowns in Australia due to COVID really isn't helping the AUD pair. This one is all about technicals.

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