laikos

Short on CAD weakness against safe heaven CHF

Short
laikos Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
Fundamental:
1. Slow NAFTA progress negatively impact CAD
2. Dovish statement from BOC negate increasing Oil price on CAD
3. Expect more dovish statement from BOC Poloz statement tonight

Technical:
1. Break weekly significant level and clear downtrend on D1
2. Target is Daily level (1R) and Daily level for (2R)
Trade active
Trade closed: stop reached:
Trade hit SL due to CAD news.
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