Going Up- AUDCHFAUD/CHFOANDA:AUDCHFNKE_TheAn0malyAUD appears to be setting up for a long position against other currencies. My supportive reasoning for going long on this trade is the Trend Channel is long on the 1week and the nearest SL is below the EMA 1week while the candles are above it. AUD delivered their interest rate decision for the sixth time this year with two more decisions left for the remainder of the year. The reserve Bank of Australia kept rates steady after a decrease in August. That decision may have benefited the currency due to a higher than expected inflation reading but also an equally unexpected economic growth in quarter two. CNBC reports that RBA Governor stated “the global environment is particularly uncertain and unpredictable, but monetary policy is well placed to respond if it seems international developments could have a material impact on Australia’s economy.” which gave the AUD a strong supportive stance on the issue of their economy in case of an international crisis like for instance the UNITED STATES GOVT SHUTTING DOWN! The Market sentiment recently went back up to risk on but it is still in a close enough position to turn risk off with the flip of a switch so I am being mindful of that. All in All the market has appeared to want to enter into that greed phase for a while now and For now we will just have to wait and see. Until Next Time. Prosperous Trading and God Bless