Week 36: CADCHF - Looking for short, but not at the moment

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Price action is very bullish (5 days of bullishness) but price has reached a resistance which had rejected a very bullish up move (see 24 to 28 July). Therefore I would want to wait for a convincing bear candle before taking any short. Anyway, I believe that there will could be a gap to the downside already as Mr Kim tested with their nuclear bomb. Geopolitical news, particularly War, will definitely move the market, especially Gold, xxx/JPY, xx/CHF and Crude Oil.

Penafian

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