AUDCHF rally likelyhood and strength

Quick analysis of AUD and CHF against an equally weighted basket of major currencies to validate earlier posted AUDCHF opportunity.

For a rally of AUDCHF we ideally have a situation where AUD increases in value and CHF loses value at the same time.

Looking at both indexes in the chart we can safely say that currently and the coming 6 weeks or so we have exactly what is requited, that with an occasional pullback of course.