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 (0.7465).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CADCHF is in a downtrend, and the continuation of the downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 36.

Take Profits:
TP1= @ 0.7415
TP2= @ 0.7395
TP3= @ 0.7378
TP4= @ 0.7355
TP5= @ 0.7310

SL: Break Above R2

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Comments

Thanks. This is helpful.
+1 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, Most welcome
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Thank you so much.
+1 Reply
ForecastCity Mesutkashmar
@Mesutkashmar, You're welcome
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This is great.
+1 Reply
ForecastCity yusufipek1989
@yusufipek1989, Thank you
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