So following the news yesterday we had a nice bounce from the major support level which I have been waiting for. I see this turning bullish for the foreseeable future. I got one 1:3 R trade from it yesterday and am hoping for another one today. We do however have high impact news on the $ this afternoon which should move the markets again. Give the news yesterday was better than expected I see the same again with the news today. This should strengthen the $ which will short XAUUSD and other XXXUSD pair. This weakening of Gold means a weakening of CHF, causing CADCHF to go long once again.