Daily Forex Price Action - Tues 8th Aug ‘23 - Charles Clifton

Is AUDCHF Heading Back To All Time Lows ?

Tues 8th August 2023 : Daily Forex Price Action

Today we’re looking at Trading Setups in:

AUDCHF (Primary Focus Pair)
NZDUSD (Covered In Video)
AUDUSD (Covered In Video)

We have a full board today on our live forex strength vs weakness tables, this shows 9 potential pairs of interest for us.

One for us to focus on today is AUDCHF.

AUD is the weakest currency on both of our tables still, and CHF is the weakest on our day traders table.

The weekly chart shows price in a strong downward trend, heading towards the all time lows around 0.5500.

This could be targets for traders in the long term.

Continued >>>