AUD and NZD pairs continue to get sold into this week with the aussie especially weak today. Both prop up the major performance table for the year as the more hostile risk environment takes its toll on these risk-sensitive currencies. AUD/CHF rolling over This pair is a classic risk on / risk off matchup and plunged in late November and early December to a low last seen in November 2020 at 0.6411. Prices rebounded over two very strong days back to the Fib level (23.6%) of the high/low of last year at 0.6611. We’ve tracked sideways with the pair not able to close above the 50-day SMA. The move higher yesterday ... (full story)