Sale on AUDCHF (daily + 2h)
⚖️In the current context and with expectations of future economic data, buying a safe haven such as the CHF or the USD against a risk-on currency such as the AUD seems to me to be a good idea.
♻️ Daily candle closings show indecision on current levels with a second closing day unchanged this week, over 2 hours we also see the price showing bearish divergence and breaking the higher lows with a retest this morning or so I have personally manually executed sales positions.
🎯 I have personally executed 70% of my usual volume because unfortunately no confirmation of the retail volume and I will have the opportunity to add-in later in any case because it is still early.
♻️ Daily candle closings show indecision on current levels with a second closing day unchanged this week, over 2 hours we also see the price showing bearish divergence and breaking the higher lows with a retest this morning or so I have personally manually executed sales positions.
🎯 I have personally executed 70% of my usual volume because unfortunately no confirmation of the retail volume and I will have the opportunity to add-in later in any case because it is still early.
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By: YoungTraderWealth - Elliot Hewitt