This symbol features the Australian Dollar - Swiss Franc cross pair. While less popular than the AUDJPY cross, the AUD/CHF has similar characteristics in that it can be used as a carry trade. Some may also view this pair as a reflection of risk sentiment due to the risk-on nature of the Australian currency and the safe-haven characteristics of the Swiss franc.
August represented the least volatile month so far during 2016 for AUD/CHF. Price action currently hovering above support level on symmetrical triangle. Will September test resistance levels of AUD/CHF ascending channel?