Still bearish in AUD in general despite their new PM because of risks from US-China trade war, and slightly bullish in CHF for the same reason. Entered a short stop order with conservative SL between 0-38.2 fib lines and TP @0.71428 (weekly support).
poundsterlinglive.com/aud/9769-the-australian-dollar-rebounds-after-morrison-becomes-pm-but-will-it-last
dailyfx.com/forex/fundamental/forecast/weekly/aud/2018/08/24/Australian-Dollar-Still-Short-of-Reasons-To-Buy-Despite-New-PM.html
forexcrunch.com/chf-nervous-markets-will-keep-franc-in-demand-ing/
Daily:
Weekly:
Confidence: B (because of the unpredictable nature of trade wars)
poundsterlinglive.com/aud/9769-the-australian-dollar-rebounds-after-morrison-becomes-pm-but-will-it-last
dailyfx.com/forex/fundamental/forecast/weekly/aud/2018/08/24/Australian-Dollar-Still-Short-of-Reasons-To-Buy-Despite-New-PM.html
forexcrunch.com/chf-nervous-markets-will-keep-franc-in-demand-ing/
Daily:
Weekly:
Confidence: B (because of the unpredictable nature of trade wars)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.