1️⃣ Investors turned to safe-haven currencies amid concerns over surging coronavirus cases worldwide and the possibility of further lockdowns.
2️⃣ A fresh leg down in oil prices undermined the Loonie.
3️⃣ Ontario, the country’s most-populous province, cracked down on private social gatherings amid a spike in infections.
CHF - BULLISH
1️⃣ The European country has been hit by a second wave of coronavirus infections with countries like Spain and the UK considering imposing more restrictive measures.
- We're shorting this pair on SMA100 area + SBR level on H1 chart.
- CADCHF on zone.