CADCHF - BULLISH BIAS

CAD - Bullish
1️⃣ The BOC is expected to announce the next tapering of the QE program to CAD 2 billion a week from CAD 3 billion a week.
2️⃣ The rapid vaccination program undertaken over the past few months has rapidly boosted the commodity market and the job market, reflecting a good economic recovery.
3️⃣ The recovery in oil prices helped the rise on the CAD.

CHF - Bearish
1️⃣ The sharp decline in the EUR affected the CHF.

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TECHNICAL
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- Intraday setup on H1 chart.
- We're buying this pair on breakout resistance area .
- Confirmation with bullish heikin ashi.
- Above SMA50.

TRADE AT YOUR OWN RISK!!