As I said in my past analysis in CAD/CHF to short, I update what happen now. The CAD made a weakness in the analysis in based the correlation with USD that weak today about that hike interest rates to 2.50%. I expect that CAD/CHF make retracement so near of my price entry, but I will continue hold this short position. We continue in this descending channel. I put a break even to $0.7502 CHF. and my target will be to $0.7420 CHF. Around 66 pips to find down.

I share my lonk to related idea about this par.

Good luck if you short CAD/CHF above of $0.7480 CHF, My entry price was $0.7486 CHF to short. At the moment, I'm in profit personally with over 30 pips earned.

I will udpate my USD/CAD trade to short, becuase I'M IN PROFIT TOO, but in some hours. Keep update!!!!
Beyond Technical AnalysisCADCHFChart PatternsdescendngchannelForexTrend Analysistrendanalysisexplaned

Also on:

Related publications

Disclaimer