Major trend of CAD/CHF is bullish: Should one go for BUY?

The major trend of CAD/CHF is bullish. Prices are sustaining below the falling trendline with a positive bias. Today if the pair breaks the psychological level of 0.8540 at upside we can expect it to test the level of 0.8575/0.8600. RSI is also sustaining in buying  territory supporting the  ongoing  trend. MACD line has recently break the zero line,indicating the up trend in the market.

WHAT SHOULD BE YOUR STRATEGY?

CAD/CHF  is successfully  sustaining on higher  level & looking  further bullish on charts. One can go for buy on dips  strategy for this pair for intra day to mid term positions.

TODAY's ECONOMIC EVENTS

Date THU  JAN  15th  2015	Time (GMT)	Currency	Economic Data	Forecast	Previous
	12:30am	AUD	Employment Change	5.3K	45.0K
		AUD	Unemployment Rate	6.3%	6.2%
	1:30pm	USD	PPI m/m	-0.3%	-0.2%
		USD	Unemployment Claims	299K	294K
		USD	Core PPI m/m	0.2%	0.0%
		USD	Empire State Manufacturing Index	5.3	-3.6
	3:00pm	USD	Philly Fed Manufacturing Index	20.3	24.5
	4:15pm	EUR	German Buba President Weidmann Speaks
	11:50pm	JPY	Tertiary Industry Activity m/m	0.3%	-0.2%