Dollar Versus Franc and Aussie March 22nd

FX Strategy Video > Currency Pairs Analysis

USD/CHF fell for part of the session, but ended the day on Wednesday in a positive manner, forming a bit of a hammer-ish type of candle. The 0.91 level acted as support again, and is the start of a massive level going all the way down to the recent lows. Because of this, any move higher is a buy signal.

The AUD/USD pair fell during the session on Wednesday, but has found a bit of support at the 1.04 handle. This was the spot of a massive breakout a few months ago........should be supportive now.

Published on 21st of March 2012
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