📈 CADCHF BUY 📈
👉 Enter now OR before 0.6518
💰Take Profit 1 - 0.6598
💰Take Profit 2 - 0.6648
💰Take Profit 3 - 0.6698
❌ Stop loss - 0.6418
This is the forex quote for the Canadian Dollar against the Swiss Franc. In this quote, the
value of one CAD (the 'base currency') is quoted in terms of CHF (the 'counter currency'). The Canadian Dollar is often considered to be a 'commodity currency' because Canada exports a large amount of natural resources, notably oil. In practical terms, this makes it sensitive to the ebb and flow of trends in investors' overall outlook on global economic growth. Meanwhile, Switzerland's has a long-standing history as a safe haven and harbor for foreigners looking to house their wealth in a private banking system. As a pairing embodying the relationship between a growth-linked, higher yielding currency and a safety-geared, low yielding one, CAD/CHF is a notable carry trade vehicle
👉 Enter now OR before 0.6518
💰Take Profit 1 - 0.6598
💰Take Profit 2 - 0.6648
💰Take Profit 3 - 0.6698
❌ Stop loss - 0.6418
This is the forex quote for the Canadian Dollar against the Swiss Franc. In this quote, the
value of one CAD (the 'base currency') is quoted in terms of CHF (the 'counter currency'). The Canadian Dollar is often considered to be a 'commodity currency' because Canada exports a large amount of natural resources, notably oil. In practical terms, this makes it sensitive to the ebb and flow of trends in investors' overall outlook on global economic growth. Meanwhile, Switzerland's has a long-standing history as a safe haven and harbor for foreigners looking to house their wealth in a private banking system. As a pairing embodying the relationship between a growth-linked, higher yielding currency and a safety-geared, low yielding one, CAD/CHF is a notable carry trade vehicle
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.