CAD - BEARISH
1️⃣ Investors turned to safe-haven currencies amid concerns over surging coronavirus cases worldwide and the possibility of further lockdowns.
2️⃣ A fresh leg down in oil prices undermined the Loonie.
3️⃣ Ontario, the country’s most-populous province, cracked down on private social gatherings amid a spike in infections.
CHF - BULLISH
1️⃣ The European country has been hit by a second wave of coronavirus infections with countries like Spain and the UK considering imposing more restrictive measures.
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TECHNICAL
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- We're shorting this pair on SMA100 area + SBR level on H1 chart.
- CADCHF on bearish zone.
1️⃣ Investors turned to safe-haven currencies amid concerns over surging coronavirus cases worldwide and the possibility of further lockdowns.
2️⃣ A fresh leg down in oil prices undermined the Loonie.
3️⃣ Ontario, the country’s most-populous province, cracked down on private social gatherings amid a spike in infections.
CHF - BULLISH
1️⃣ The European country has been hit by a second wave of coronavirus infections with countries like Spain and the UK considering imposing more restrictive measures.
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TECHNICAL
=====
- We're shorting this pair on SMA100 area + SBR level on H1 chart.
- CADCHF on bearish zone.
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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.