AUDCHF LONG POSITION COMING OUT OF A 3 YR CONSOLIDATION

14 באפר׳ 2018

The Australian dollar vs the Swiss Franc are 2 slow moving yet volatile spiking currencies. Paired together they have an uncommonly smooth price movement, however the pair has been stuck in a 3 yr consolidation structure with a slow upward trend toward the monthly 38% level. Though a small move, a sure one up to around the 80 price level.