Recovery bet: hawkish aussie and franc devaluation
AUD
- Hawkish RBA, at a previous meeting even discussed the rate hike
- Positive US Headline Jobless Claims - good for risk assets
CHF
- Franc is in dangerous territory for SNB, risking deflation - possible intervention to devalue CHF
Technical & Other
Setup: S(B)
Setup timeframe: 1h
Trigger: 1h
Medium-term: Down
Long-term: Down
Min target: 0.58
Risk: 0.68%
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