RBA seems to be keeping a lid on the Aussie, which is also more vulnerable to disappointing prints in China than it is buoyed by good prints. Aussie vulnerable to FED hawkish rhetoric. A recent upturn in sentiment around the Swissie makes this an interesting pair to watch this week. Enter at a confirmed break of the support zone
around the neckline or at a successful retest within that zone once it has become resistance. Place initial stop-loss within the rising channel
alongside the pitchfork
, and move to breakeven at E2, when I will be pyramiding (and again at E3). I will take some profit off the table at E3 if the move has gone without a hitch to that point. T3 will be time to lock in profit.