AUD - BEARISH
1️⃣ President-elect Joe Biden said Friday he is assembling a multitrillion-dollar relief package that would boost stimulus payments for Americans to US$2,000, extend unemployment insurance and send billions of dollars in aid to city and state governments.
2️⃣ The AUD was also undermined by resurfacing US-China concerns, this time concerning the Taiwan issue.
CHF - BULLISH
1️⃣ A slight deterioration in the global risk sentiment might undermine demand for the safe-haven Swiss franc.
2️⃣ Investors turned cautious amid worries about the continuous surge in coronavirus cases and the discovery of new variants of the highly contagious disease.
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Technical
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We are selling the AUDCHF below the resistance of 0.68900 + below SMA 50 on the H1 chart.
1️⃣ President-elect Joe Biden said Friday he is assembling a multitrillion-dollar relief package that would boost stimulus payments for Americans to US$2,000, extend unemployment insurance and send billions of dollars in aid to city and state governments.
2️⃣ The AUD was also undermined by resurfacing US-China concerns, this time concerning the Taiwan issue.
CHF - BULLISH
1️⃣ A slight deterioration in the global risk sentiment might undermine demand for the safe-haven Swiss franc.
2️⃣ Investors turned cautious amid worries about the continuous surge in coronavirus cases and the discovery of new variants of the highly contagious disease.
=====
Technical
=====
We are selling the AUDCHF below the resistance of 0.68900 + below SMA 50 on the H1 chart.
Trade active
Trade closed: stop reached:
❌ TRADE HAS HIT STOP LOSS
-30 PIPS
-30 PIPS