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EliteTradingSignals

CAD/CHF LONG FROM SUPPORT

Long
Canadian Dollar/Swiss Franc (FX:CADCHF)  
EliteTradingSignals Updated   
FX:CADCHF   Canadian Dollar/Swiss Franc
Trend Analysis Chart Patterns Wave Analysis CADCHF LONG buy trading Bullish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis cadchf long buy trading bullish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

CAD/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.653 area.

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Comment:
We are seeing a good move already so we will keep the trade running!
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