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UnknownUnicorn39322609
Mar 26, 2023 6:08 AM

AUDCHF SHORT Short

AUSTRALIAN DOLLAR / SWISS FRANCICE

Description

In the 30 minute chart, we have drawn a sliding parallel channel. It is apparent that the Swiss Franc is strengthening against the Australian Dollar. This fluctuation also correlates to the news of the UBS-Credit Suisse merger.

Anyone can open a short position and profit as long as price movements are contained within a sliding parallel channel.



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