CADCHF Chart 1

CADCHF - Canadian Dollar In Trouble

CADCHF - Canadian Dollar in Trouble by DanV on TradingView.com

7 July 2014

Updates and comments

Looking through other Commodity Currency pairs seems to suggest general weakness lies ahead for all commodity pairs. This is possibly exemplified in CADCHF with potential short that could be headed to retest the last spike 2011 low or make new lower low. In fact I favour new lower low as we could have massive ending diagonal which cannot be seen on this chart due to lack of price data prior to 2009.

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