Selling Opportunity ahead in the currency pair, the pair from higher level has been trading low  from few days and the pair is trading near the 50day ema, if the pair is able to close below the EMA for 2 consecutive day we can go short in the pair one of the best trading strategy of MA.

The pair is trading its secondary trend of down move and we are going to follow the trend. The best way of earning profit is by not fighting the trend.

The ADX is showing that there is no strength in the upside move, the RSI is  showing a move downside.

Advice : Sell if it closes below 50 day ema for 2 consecutive day

CAD/CHF

Oct 30 2021