harisonhbn9718

CAD/CHF: Bearish Outlook Scenario

Short
FOREXCOM:CADCHF   Canadian Dollar / Swiss Franc
In this analysis, we could to find down sell in the Forex par Canadian Dollar/Swiss Franc. To take in note, we have a reaction point around $0.7420 CHF and I have an analysis that as we forming this bearish channel, we could to go back into this chartist pattern and find down a demand zone in our key support to $0.7154 CHF

This it's the Daily analysis and this it's my own perspective to find down pips for the days. Maybe our stop of this sell could be around $0.7330 CHF t to find down like 90 pips approximately in this par. But in case that this par continue with the sell-off more down could be to $0.7286 CHF and more down like $0.7198 CHF to take in note the important point of this analysis.
Comment:
In short term, as we see, there's bought that CAD could to continue strengthen and also, I see a good perspective that you can to watch in this link, just click on in this screenshot to read full.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.