AUD - BULLISH
1️⃣ Australia posted the largest trade surplus on record, as exports surged 6% to a ten-month high, while imports fell 2% to a three-month low amid improving global demand as more countries reopen their economies following an easing of COVID-19 lockdowns, while retail sales rose by 0.5% month-over-month.
CHF - BEARISH
1️⃣ Expectations of a robust economic revival fueled by the rapid rollout of vaccines and additional fiscal spending raised investors’ appetite for riskier assets.
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Technical
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We are looking to buy the AUDCHF at support + above SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ Australia posted the largest trade surplus on record, as exports surged 6% to a ten-month high, while imports fell 2% to a three-month low amid improving global demand as more countries reopen their economies following an easing of COVID-19 lockdowns, while retail sales rose by 0.5% month-over-month.
CHF - BEARISH
1️⃣ Expectations of a robust economic revival fueled by the rapid rollout of vaccines and additional fiscal spending raised investors’ appetite for riskier assets.
=====
Technical
=====
We are looking to buy the AUDCHF at support + above SMA 50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Order cancelled:
DELETE PENDING ORDER
Price has hit TP first.
Price has hit TP first.