ParkdaleCapitalManagement

CAD/CHF Testing a strong support level- Time to get short

Short
FX_IDC:CADCHF   CANADIAN DOLLAR / SWISS FRANC
Good evening,

After a tremendous run, the CAD/CHF currency pair is showing some notable technical reversal signs. With both the MACD and RSI turning over compounded with the fact that the euro trade is getting incredibly crowded, this is looking like a great time to get short.

Thoughts?