AUDCHF CORRELATION RELATIONSHIP SLIP

AUDCHF made an attempt early last friday to close the difference in the gap created from last Monday to Last Tuesday in its positive correlation tree , i see great value in a short position as a stand alone sell as well as a re balance opportunity adjustment if your portfolio can yield the short side of this pair.
A long position on GBPUSD could reduce / eliminate your exposure at this if your risk / tolerance exposure is less than 2 deviation point (measure form last Monday to today). Always ATR ADR to balance your hedges if you choose to do so.


Position will be constantly updated.

Comment:

Still in our point of interest , a very good high to average positions.

Trade closed manually