MonsunAsia

AUDCHF - Bullish Bias

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MonsunAsia 已更新   
FX:AUDCHF   澳元/瑞士法郎
AUD - Strong Bullish
1️⃣ The RBA noted that the Australian economy is expected to do better in the fourth quarter, adding that the country will be in pre-Delta in the second half of 2022.
2️⃣ Positive market sentiment can support the strength of high-beta currencies such as AUD, NZD & CAD.

CHF - Weak Bearish
1️⃣ The price value on EUR/CHF is currently under SNB monitoring, which could lead to the central bank’s intervention at any time.


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Technical
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We are buying the AUDCHF after it breaks the previous resistance level.

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Risk to this trade
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Any change in sentiment could turn the pair's direction.

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