I’ve been following this hedge fund manager closely for the last few months and they have been aggressively building a long AUD/CHF position as well as a smaller EUR/AUD short. They have traded the AUD/CHF pair quite beautifully, picking good technical entry levels but also taking profit on rallies and playing the range when appropriate.

  • They have set a profit target on their EUR/AUD shorts at 1.2325 and if a daily low forms near there, they will consider going long.
  • They will look to exit a large percentage of their AUD/CHF longs around .9850 but will still look to reload on dips for an eventual move to 1.0500