CADCHF ( BUT ORDER 1.60% )
🎗️Name : CAD/CHF
🗨Time Frame : 4hrs Chart
(🖇️Long Order )
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🧾 : WHY IS CADCHF GOING DOWN?
Canada is a significant exporter of commodities such as oil, gold and metals. Switzerland, on the other hand, has a strong financial sector and exports luxury goods such as watches and pharmaceuticals. When the prices of these commodities rise or fall, it can affect Canada's economy and thereby the Canadian dollar. If commodity prices rise, this could have a positive impact on Canada's economy and lead to a stronger CAD and vice versa.
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◎ Bullish Break
0.65100 Area
Reasons
Major Turn level / W
Visible Range Hvn
Quarter's Area
M / Low
inner Trend
◎ Bearish Reversal
0.66150 Area
Reasons
Choch / D
Visible Range Hvn
Liquidity Area
——————————
🗨Time Frame : 4hrs Chart
(🖇️Long Order )
------
🧾 : WHY IS CADCHF GOING DOWN?
Canada is a significant exporter of commodities such as oil, gold and metals. Switzerland, on the other hand, has a strong financial sector and exports luxury goods such as watches and pharmaceuticals. When the prices of these commodities rise or fall, it can affect Canada's economy and thereby the Canadian dollar. If commodity prices rise, this could have a positive impact on Canada's economy and lead to a stronger CAD and vice versa.
——————————
◎ Bullish Break
0.65100 Area
Reasons
Major Turn level / W
Visible Range Hvn
Quarter's Area
M / Low
inner Trend
◎ Bearish Reversal
0.66150 Area
Reasons
Choch / D
Visible Range Hvn
Liquidity Area
——————————
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