CAD/CHF
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CADCHF Bullish Momentum: Will 0.63000 Be the Next Target?

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The Canadian dollar continues to show strength despite the 25% tariff imposed by the United States. Meanwhile, the DXY opened bearish today, and with ongoing tariff uncertainty, this weakness may persist. As investors gain clarity on policy direction, CAD could further appreciate. Given this momentum, CADCHF has the potential to reach at least 0.63000. However, multiple resistance levels could come into play, making it crucial to monitor lower time frames for partial profit-taking opportunities.
Dagangan ditutup: hentian tercapai
Despite weak consumer sentiment data from the University of Michigan and stronger-than-expected month-over-month GDP data from Canada, CAD failed to show bullish momentum, resulting in a stopped-out trade.

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