CAD - BEARISH
1️⃣ Declining in oil prices pressured the CAD.
2️⃣ The risk-off tone undermined the commodity-linked currency like the CAD.
CHF - BULLISH
1️⃣ A slight deterioration in the global risk sentiment might undermine demand for the safe-haven Swiss franc.
2️⃣ Investors turned cautious amid worries about the continuous surge in coronavirus cases and the discovery of new variants of the highly contagious disease.
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Technical
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We are selling the CADCHF below the resistance of 0.69700 + below SMA 50 on the H1 chart.
1️⃣ Declining in oil prices pressured the CAD.
2️⃣ The risk-off tone undermined the commodity-linked currency like the CAD.
CHF - BULLISH
1️⃣ A slight deterioration in the global risk sentiment might undermine demand for the safe-haven Swiss franc.
2️⃣ Investors turned cautious amid worries about the continuous surge in coronavirus cases and the discovery of new variants of the highly contagious disease.
=====
Technical
=====
We are selling the CADCHF below the resistance of 0.69700 + below SMA 50 on the H1 chart.
Trade active
Trade closed manually:
❌Close Manually At 69.700
-5 PIPS
-5 PIPS