Will the CADCHF continue upward?
Hello Traders,
The CADCHF pair may continue its move upwards following the current pull-back. The pair has reached a moderate level of support. There is also Hidden Bullish Divergence forming on the 4H price chart/MACD Platinum possibly signaling the end of the current pull-back. This trend continuation becomes invalid if the price chart drops below the previous low of .6920
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*The above is not trading advice but simply my analysis of the market*
The CADCHF pair may continue its move upwards following the current pull-back. The pair has reached a moderate level of support. There is also Hidden Bullish Divergence forming on the 4H price chart/MACD Platinum possibly signaling the end of the current pull-back. This trend continuation becomes invalid if the price chart drops below the previous low of .6920
If you liked my analysis, please give me a follow.
*The above is not trading advice but simply my analysis of the market*
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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.
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.