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CADCHF Analysis (Sunday 26 April, 2020)

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
Price is in a 5 wave sequence and we are in the corrective part. We could see a 61.85 retracement before price drops. As the pandemic eases off, Crude-Oil price could rally. The reason why I mention oil is because the Canadian Dollar is positively correlated with the price of oil in case you didn't know.