AUDCHF TRADE PLAN Long

Australian Dollar/Swiss FrancFXCM

Description

⋅ Dec 29, 2019 5:28 PM

Fundamental
AUD
+ve talk betw US and China to ending trade war
(aud export iron n copper for china)

CHF
Downtrend continue frm KOF last release in november. -ve KOF data in dec will giv +ve impact for aud
kof.ethz.ch/en/news-and-events/media/press-releases/2019/11/kof-konjunkturbarometer-abwaertstendenz-setzt-sich-fort.html

Technical
straight forward chart downtrend structure already broken. looking for best level to ride if KOF release come out -ve

level
0.67634
sl
50 pips
ratio
1:4

Trade closed: stop reached

⋅ Jan 9, 2020 12:25 PM

Trend Analysis nakedchartanalysis