AUDCHF SHORT
In the 30 minute chart, we have drawn a sliding parallel channel. It is apparent that the Swiss Franc is strengthening against the Australian Dollar. This fluctuation also correlates to the news of the UBS-Credit Suisse merger.
Anyone can open a short position and profit as long as price movements are contained within a sliding parallel channel.
Anyone can open a short position and profit as long as price movements are contained within a sliding parallel channel.
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