CADCHF - Bearish Bias

CAD - BEARISH
1️⃣ Declined in oil prices weighing on the CAD.
2️⃣ Concerns over rising COVID-19 cases, fresh lockdowns and the slow pace of vaccination.

CHF - BULLISH
1️⃣ The negative risk tone boost the safe-havens flow.

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Technical
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We are looking to sell the CADCHF on the SBR + below SMA 50 on the H1 chart.

Trade active:

PENDING ORDER TRIGGERED

Trade closed manually:

✅Close Manually At 0.69750

+15 PIPS