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20.04.202211:35 Forex Analysis & Reviews: Trading tips for CAD/CHF and USD/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.

There was a breakout of important key levels in CAD/CHF and USD/CHF, which opens the opportunity to set sell limits in the market.

In CAD/CHF, as planned last April 18 , there was a breakout around 0.75300.

Exchange Rates 20.04.2022 analysis

Meanwhile, in USD/CHF, there was a breakout around 0.94700, as planned the day before .

Exchange Rates 20.04.2022 analysis

It is best to divide the volume of limits between the two pairs, and the increment should be 300-500 pips. This is in accordance with the grid trading strategy, which is usually used on cross rates.

Good luck and have a nice day!

Andrey Shevchenko
Analytical expert of InstaForex
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