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15.07.202114:52 Forex Analysis & Reviews: Trading idea for CAD/CHF

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

CAD / CHF is currently going down, in relation to the decline in oil prices. It is now near 0.72500, which is the low reached last April.

Considering this, investors can utilize grid trading to potentially capitalize on the range.

Exchange Rates 15.07.2021 analysis

So, from 0.72500, put up buy orders every 500 pips. Do so until you have approximately 5,000 pips. Use a 0.01 STANDARD lot for every $ 1000 of the deposit.

Good luck!

Andrey Shevchenko
Analytical expert of InstaForex
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