Dollar Versus Franc and Aussie January 31st

FX Strategy Video > Currency Pairs Analysis

USD/CHF had a bullish day on Monday for the first time in several sessions. The 0.91 level held as support, and the candle bounced just as we thought it might. However, the later hours of the session saw it give back a bit of gains.

AUD/USD pulled back, but formed a hammer above the 1.05 level on Monday. The recent breakout still has us thinking 1.12 before it is all said and done.

Published on 30th of January 2012
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