More growth on the way...

AUDCHF just recently broke and retested above 0.72 resistance. Currently we see price attempting a break out of the bullish pennant to the upside. If we get a close above this pattern, we should get a run up to the 0.73 handle, and a break of this level could send it to 0.735. Also with the risk off mood in the market set by the $1.9 trillion US stimulus package, odds are in this currency pairs favour.