LimitMarkets

AUDCHF ahead of next week's RBA minutes

Short
FX:AUDCHF   Australian Dollar / Swiss Franc
Australian Dollar posted small gains against Swiss Franc on Monday. However, following RBA rate cut in June meeting bearish sentiment weighs on Aussie. Markets are highly speculating around the next cut in July minutes. Haven Swiss Franc benefits from a weak economic outlook. Pair is trading far below 50 MA being in the oversold area according to RSI. Pair aims for 0.6700.

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