ForecastCity

💡Don't miss the great sell opportunity in CADCHF

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7466).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CADCHF is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 43.

Take Profits:
TP1= @ 0.7431
TP2= @ 0.7416
TP3= @ 0.7397
TP4= @ 0.7377
TP5= @ 0.7362

SL: Break Above R2

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Comments

Nice view, I love it. keep it up
+1 Reply
ForecastCity davidgolandak
@davidgolandak, Thank you for your comment. We appreciate it
Reply
A lot of useful information. 👌 Thank you
+1 Reply
@Lizabet, You're very welcome! We hope you enjoy it.
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