Aussie and Kiwi Versus the Franc June 10th

FX Strategy Video > Currency Pairs Analysis

The AUD/CHF looks like it is basing in these levels as the last two days in a row have been hammers. Looking ahead - if we can get that break above the Thursday highs, we would be bullish for a few hundred pips. The NZD/USD looks as if it is running into a bit of resistance in the area it sits. The pair looks like it is about to enter a fairly quiet area, perhaps going range bound over the simmer as it is known for consolidating over long periods in time.

Published on 9th of June 2011
eTorro - Trading Starts Here

Start Trading Forex with up to $10,000

  • 100s Videos and FX Strategy articles
  • Advice from our FX traders
  • Practive free with using real time