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.
Create a FREE account