The Canadian dollar is weak, the Swiss Franc is a safen haven if the Markets start to turn. Also the Canadian dollar isn’t correlated with oil right now. So based on fundamentals, I shouldn’t have taken the trade. Technically, I could say the same.
Monthly Chart (curve/range time frame) – monthly demand is 0.7175 and monthly supply is 0.7850.
Weekly Chart (trend time frame) – the trend is sideways and price is in the middle of the range.
Daily Chart (entry time frame) – price came down to the daily demand zone and is within a 4 hr demand zone. What
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