ClearTradingMind

CAD/CHF Ready to Pull Back !?

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
The "CAD/CHF" pair appears to be showing signs of a potential pullback from its recent low of 0.64960. Multiple tests have occurred within this price range already. Today, I anticipate that this pullback may extend to around 0.65140. The market exhibited choppy behavior yesterday, and we can identify several crucial support and resistance zones from that period. Therefore, my expectation is that this currency pair will experience a bullish movement from its last supply zone towards the anticipated range. It's essential to maintain a stop-loss below the price of the last low within the demand zone.

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Comment:
Closed because its likely to go down
Trade closed: target reached

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