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CA92336
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100 % forex
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AUDUSD 50% | 1 USDCHF 50% | 1
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USD/CHF need to test 98.5 at June
USDCHF
, M
USDCHF: USD/CHF need to test 98.5 at June

Yes price is breaking trend-line on monthly, but it could easily be a fake breakout. It would be interesting to watch how SNB tackles the appreciating CHF, now that Euro is on uptrend if it sustains CHF would be checking back .956 area or even more. Don't short too early, let the price re-test and then you can jump in at short trade. Wait until SNB and fomc is...

Bigger Picture on the weekly frame
AUDUSD
, W
AUDUSD: Bigger Picture on the weekly frame
Updated 

Todays Budget release would dictate where the government intend to spend their money for the upcoming one year, if a heavy spending plan is outlined then RBA would have to come out of sidelines sooner than later. Right now , we could be in temporary short , but we are approaching trend line soon , be ready for long term buy.

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