The Currency pair has been correcting from 01st of April, the

pair has corrected from 0.75285 levels to 0.70969. There is a good opportunity to accumulate the pair at this level and wait for the pair to regain strength.

At lower levels the pair has shown some strength which has led the price move higher, at current levels multiple doji has been formed which is indicating a pause in strength. The pair closing above the EMA we can see some buying coming in the pair.

We had a Sell Call on the pair previously which we had recommended to close. Buying at this level can be a better opportunity than selling.

CAD/CHF

Jan 05 2022