CADCHF has been in a Bearish sequence for a while now which is a corrective phase. As we know no trend lasts forever there is always an end to everything. Most likely we will trade in a bullish trend very soon considering the CAD strength from a fundamental-based analysis. By using correlation with related pairs the USDCHF can be a great case study as in unfolding in a Bullish impulse sequence. Considering the previous outlook we will make a new high.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.