CADCHF Bearish Rectangular
Updated
Continuation pattern on CADCHF. Entery at 0.72424 and look to take profit past 0.72000.
“Analysts at Nomura suggest that NAFTA negotiations and the potential for further trade wars will naturally see Mexico and Canada come under pressure as the market’s natural trade proxies, but in addition to trade developments, more fundamentally they remain bearish on CAD.” - fxstreet.com/news/cad-set-to-underperform-nomura-201803061346
“Analysts at Nomura suggest that NAFTA negotiations and the potential for further trade wars will naturally see Mexico and Canada come under pressure as the market’s natural trade proxies, but in addition to trade developments, more fundamentally they remain bearish on CAD.” - fxstreet.com/news/cad-set-to-underperform-nomura-201803061346
Order cancelled
Has not hit entry point in desired time frame.
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