AUDCHF masive SHORT

For this I use the correlation of the exchange rates of the overall market. As you can see the USDCHF is on the upswing which confirms that the CHF has weakened in the short term and we have seen the AUD weakening according to the COT report. However, I would like to remind you that this setup may not be 100% successful as it technically bounces over 200 ma in the AUDCHF 4 hr time frame. The very clear AUDCHF you see breaks the rising wedge pattern and touches it again. Since the death crossover is made in 1 hr including that, I will confirm that this is a place where you can get a very good short oder.