CADCHF - Analysis

CADCHF was in zone 1 but melted straight down into zone 2. Now it's in the middle of the zone currently hitting a trend line + support level. I expect the market to hit these key levels, bounce back up to the top of the zone and melt down towards the bottom of the zone as this pair is still looking very bearish. Plus comparing both economies at this time, i expect CAD to be stronger than CHF, as to why I think it's going towards the top of the zone.

Not entirely sure if the market will sink to the bottom of the zone after hitting the top, due to how much COVID-19 has and will impact asian pair economies.