CAD/CHF
Short

CADCHF Reversed Off Resistance, Potential For Further Drop

CADCHF reversed off its resistance at 0.7353 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop further to its support at 0.7276 (61.8% Fibonacci retracement, horizontal swing low support).

Stochastic (89, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.

Disclaimer