CAD - BULLISH
1️⃣ CAD was lifted by a rise in oil prices after tropical storms Marco and Laura hit the Gulf of Mexico and amid optimism about coronavirus treatments.
CHF - BEARISH
1️⃣ The global risk sentiment remained well supported by hopes of a potential vaccine and treatment for the COVID-19 virus. This coupled with a positive trade-related development further boosted investors' confidence.
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TECHNICAL
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- We are buying this pair on pivot point + SMA 100 area + RBS level on H1 chart.
- CADCHF on bullish zone.
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RISK TO THIS TRADE
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- This trade will hit stop loss if oil prices going down.
1️⃣ CAD was lifted by a rise in oil prices after tropical storms Marco and Laura hit the Gulf of Mexico and amid optimism about coronavirus treatments.
CHF - BEARISH
1️⃣ The global risk sentiment remained well supported by hopes of a potential vaccine and treatment for the COVID-19 virus. This coupled with a positive trade-related development further boosted investors' confidence.
=====
TECHNICAL
=====
- We are buying this pair on pivot point + SMA 100 area + RBS level on H1 chart.
- CADCHF on bullish zone.
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RISK TO THIS TRADE
=====
- This trade will hit stop loss if oil prices going down.
Trade closed: target reached