The Aussie Dollar Swiss Franc.

Good morning Dynamic Traders,

Well after just over a week my internet is nearly there although not quite, but should be very soon and I will then be updating in TradeStation again, however until that point it will be in AdvancedGet.

Today I thought I would show the chart of the AUDCHF on the four hour timeframe.

This is showing signs of weakening as the strength is getting to a possible extreme level as can be seen by the OB RSI which is also diverging from a previous high.

This should be kept on your watchlist as at present it is not showing signs of a retracement, and as can be seen from the image below has got two MOB areas that do cluster around the figure together with a fib extension. I have also left the AdvanceGet Elliot Wave on which also indicates a possible projection around the same level.

I am putting this up in advance so as you have got time to prepare yourselves for the possible upcoming retracement so please ensure to do your own analysis before taking any trades.

Charts courtesy of AdvancedGet.

Enjoy your trading.

Clayton Farnworth.