TradingView
JuanHernandez
May 31, 2017 5:54 PM

Buy the rumor, sell the fact strategy- CADCHF Short

Canadian Dollar/Swiss FrancFXCM

Description

The Canadian dollar weakened against the other major currencies on Wednesday as a drop in oil prices offset data showing strength in the domestic economy. However he CHF is strong thank to the Euro. The Euro is strong today for the uncertanity of UK elections. I think that the CHF will get strengh due to the expectancy of its GDP for tomorow. So, I sold in a break ouy of a triangle.
More