Bears are fighting hard at the 1.2500 level and the price action is heading below the value low.
Seeing some bullish momentum in USD and Euro short term weakness, it would be safe to stick with bears.
Remember, this is a counter trend trade.
Watch 1.22500 level, it it breaks, more bear shall follow.
Look at the chart for TP levels.
CADCHF -0.75% bears has been pending for quite some time now and last week, we had a nice sell down from legendary supply zone .
However, friday's close did not break my support zone.
Perhaps CAD is stubborn because of the potential more bull in Oil 2.57% due to the dramas in Middle East?
Since xxx/CHF pairs are bearish at the moment, last week's price action...
Herancia Resources made a jump and broke out of the day range today with increased volume due to the announcements and half year results posted by Herancia Resources on the 24-Oct-2017.
" Commenting on the financing Herencia Chairman, Mr Peter Reeve said, “ Herencia is very pleased for the ongoing support of its key shareholders and their commitment to the...