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CHF stayed neutral, USD moderately lost; however significant gain in AUD helped me reach target. My view on CHF is still same and I am looking for trade against CHF, retracement in major USD pairs may help USD/CHF to make new high on D1. I will post in USD/CHF thread or other CHF pair if I determine a trade setup against CHF. |
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Just out of this trade. It went too low too fast... but, of course, very happy with such movement. Will now wait for a retracement before going in again... |
2 Attachment(s) Sell AUD/CHF | AUD analysis If you look at our previous analysis of USD/CHF, you will find that we have been bearish on USD/CHF. After retracing slightly up for last four days, including today, Nov 20; USD/CHF seems to have resumed fall and may go to next target as mentioned in previous analysis. Conclusion: CHF is strong. As per our observation shown in pic below, AUD is weak. Decision: The conclusions derived from AUD/USD and USD/CHF, makes us sell AUD/CHF. Besides the conclusions; we on 1H time-frame of AUD/CHF see that tendency of upward retracement, higher highs & higher lows, was broken when a lower high & a lower low were made. |
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1 Attachment(s) ![]() ![]() ![]() ![]() ![]() ![]() ![]() MORE SIGNALS @ https://t.me/BRATFX |
It seems like we are getting a pullback on this pair today. If we get to around 0.6620, I will be loading buys. Once the buyers are back in equities and the market is once again active and bullish, I believe AUD has a lot of upside to cover and CHF will be the first currency to lose strength considering it has been overbought for months. This will make AUD/CHF an attractive selection. If by end week I am not able to load at 0.6620, I would consider loading at 0.6630s range. This is my trade plan, hopefully it pans out. |
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