Wider target by measuring relative price to USDCAD/USDCHF, still interesting to follow
Comment:
I short CADCHF at 0.7600 with stop loss 0.7650 to target lower ceiling by taking the risk of the overnight rollover charge on interest rate differential.
Comment:
Short trade closed. It is expected for the pair to be pressured down to her monthly lower and long trade will be executed to look for two source of profits, from CAD appreciation by the CHF plus interest rate differential rollover fees