AudChf Is On Radar Going Up

The Australian Dollar is showing strength this week and the Swiss Franc has been weak. The AudChf currency pair is showing signs of being a reasonable choice. It has been moved rather steadily for the last few days on an upward trajectory. It pauses sometimes and there seems to be profit taking but the overall trend is up and trading trends is a major part of my strategy.

I took the AudChf for a Buy at .6341 with a stop loss at .6320 at Target set at .6370. There were other pairs on the radar but since I traded this pair Sunday Night I went back to it, hoping its tendencies are consistent with what my readings are telling me.

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