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AUD/CHF

AUD/CHF

Thomas Long, Course Instructor

I think this pair also has the support of the Swiss National Bank which is the central bank in Switzerland. They have been trying to keep the CHF weak in order to keep their exports competitively priced. The AUD has been only too happy to help. I would continue to look for buying opportunities as long as the pair remains above the .95707 low of March 29th.

audchf 040810

 

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