CADCHF - NEXT MOVE - COT REPORT - SEASONAL

Hello, traders! As we can see we have some obvious bearish pressure from the CADCHF pair for some time now. This is due to an increase in long orders for the CHF as investors move their money into safe bonds and currencies with Low-interest rates during a global pandemic. We can see an increase in CAD short orders and an Increase in CHF long orders from last week's COT report showing us that we could have a high possibility of a move to the downside.