Johanes

CADCHF Long 0.7400 SL 0.7300 T 0.7800

Long
Johanes Updated   
FX_IDC:CADCHF   CANADIAN DOLLAR / SWISS FRANC
CADCHF seems feasible to long by entering the trade.
Comment:
The risk on the long trade seems to be lower and lower.
Comment:
USDCHF has been strongly turned to upward and CHF-based band also turned to upward. However, exception on USDCHF the other CHF-based pairs are still under pressure by the current USD-based band. Thus, risk remains to be seen with exception on USDCHF.
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