CADCHF TOPDOWN ANALYSIS

According to COT report Kong’s and shorts are been added to the CAD this may be due to the uncertainty of Oil Price, while shorts are closed for CHF and fewer longs added. The 0.68000 has proven to be a strong SAR. This pair could go down to the 0.68000 SAR to grab liquidity for the move up along with when the price of oil will strengthen.