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CAD/CHF short setup, target 0.7315
Canadian Dollar/Swiss Franc
Short
CAD/CHF short setup, target 0.7315
By FxWirePro
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Dec 11, 2018
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Dec 11, 2018
- Momentum studies highly bearish
- Extends weakness below 200W SMA
- MACD and DMI support further weakness
Support levels - 0.7355 (trendline), 0.7315 (Sept 6 low)
Resistance levels - 0.74, 0.7416 (5-DMA), 0.75 (21-EMA)
Good to short upticks, SL: 0.7420, TP: 0.7355/ 0.7315
CAD
CADCHF
cadchfshort
Chart Patterns
chf
Technical Indicators
Trend Analysis
FxWirePro
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