AUD - BULLISH
1️⃣ Global risk-trends resumed after a smooth inauguration ceremony for US president Joe Biden, who has proposed that he will spend $1.9 trillion in a bid to help revive businesses that have suffered under lockdowns in order to limit the spread of the virus.
2️⃣ The seasonally adjusted unemployment rate fell to 6.6% in December, the lowest jobless rate since April, as the economy emerged gradually from the COVID-19 shocks.
CHF - BEARISH
1️⃣ The positive risk tone weighing on the safe-havens CHF.
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Technical
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We are buying the AUDCHF on RBS + above SMA 50 on the H1 chart.
1️⃣ Global risk-trends resumed after a smooth inauguration ceremony for US president Joe Biden, who has proposed that he will spend $1.9 trillion in a bid to help revive businesses that have suffered under lockdowns in order to limit the spread of the virus.
2️⃣ The seasonally adjusted unemployment rate fell to 6.6% in December, the lowest jobless rate since April, as the economy emerged gradually from the COVID-19 shocks.
CHF - BEARISH
1️⃣ The positive risk tone weighing on the safe-havens CHF.
=====
Technical
=====
We are buying the AUDCHF on RBS + above SMA 50 on the H1 chart.
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