Description
⋅ AUD - BULLISH
1️⃣ The prevalent risk-on mood, further undermined the safe-haven greenback and extended some support to the perceived riskier aussie.
CHF - BEARISH
1️⃣ Positive risk-tone weighing on the CHF.
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Technical
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- We are buying the AUDCHF at RBS on the M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.