Vladimir Rojas
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Primary Scenario:
CAD/CHF has just surpassed the pivot point at 0.72665. Further bullish momentum will lead the exchange rate towards 0.72997 and even higher at 0.73497.
Alternative Scenario:
A failed attemp to move higher will push prices below the pivot point (0.72665) and even lower at 0.72176
๐๐๐ ๐ฉ๐๐ ๐ง๐๐จ๐ฉ ๐ค๐ ๐๐ฃ๐๐ก๐ฎ๐จ๐๐จ
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CAD/CHF has just surpassed the pivot point at 0.72665. Further bullish momentum will lead the exchange rate towards 0.72997 and even higher at 0.73497.
Alternative Scenario:
A failed attemp to move higher will push prices below the pivot point (0.72665) and even lower at 0.72176
๐๐๐ ๐ฉ๐๐ ๐ง๐๐จ๐ฉ ๐ค๐ ๐๐ฃ๐๐ก๐ฎ๐จ๐๐จ
In the equities space we saw a full-blown risk-off sentiment hitting the markets yesterday.
Implied volatility spiked, with the VIX index just south of 30 intraday, before falling back to 26.