CADCHF -0.75% bears has been pending for quite some time now and last week, we had a nice sell down from legendary supply zone .
However, friday's close did not break my support zone.
Perhaps CAD is stubborn because of the potential more bull in Oil 2.57% due to the dramas in Middle East?
Since xxx/CHF pairs are bearish at the moment, last week's price action and I am expecting CADCHF -0.75% to slide further.
I will be patient and shorting at the highs.
Disclaimer: This is just my personal opinions and execute your trades at your own Diligence.
However, friday's close did not break my support zone.
Perhaps CAD is stubborn because of the potential more bull in Oil 2.57% due to the dramas in Middle East?
Since xxx/CHF pairs are bearish at the moment, last week's price action and I am expecting CADCHF -0.75% to slide further.
I will be patient and shorting at the highs.
Disclaimer: This is just my personal opinions and execute your trades at your own Diligence.