AUDCHF:Breakout and Potential retrace as we head to SNB meeting

14 Sep 2022

Hey traders, based on the latest ECB data and Switzerland National Bank will be forced to do the same and hike rates in a way that the market is not pricing which will potentially shows more CHF bulls against vulnerable currencies that we see for the moment including AUD, EURO and potentially NZD. in today's trading session we are monitoring AUDCHF for a selling opportunity around 0.651 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.