TomHall
Long

AUD/CHF - Daily Outlook

FX:AUDCHF   Australian Dollar / Swiss Franc
The AUD/CHF             chart is something I have been watching for a little while.
I have been very bearish with many of the Aussie pairs on both a fundamental and technical level for some time, so it is no surprise that the AUD/CHF             has taken a skydive this year.

Although I don't trade the daily chart I am cognizant of the approach and then the break and close above the bullish trend line .
As price is now approaching the previous Lower High, I am looking for a break and close above at 0.7112

If price can get above the previous Lower High I will then be looking to narrow down an entry point on the lower time frames.

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I agree, this pair is recovering from historial lows and should reach your targets. Im looking to enter long on a pullback against 0.700 as SL. Regards.
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