CADCHF Testing Its Resistance, Potential Further Rise!
CADCHF is testing its resistance at 0.7745 (38.2% Fibonacci retracement, horizontal overlap resistance) where if it surpasses this resistance, it could potentially rise to its next resistance at 0.78070 (horizontal swing high resistance) if broken.
Stochastic (55, 5, 3) bounced from its support at 7.7% where a corresponding rise is expected.
Stochastic (55, 5, 3) bounced from its support at 7.7% where a corresponding rise is expected.
Trade closed: target reached
Profit target reached. perfect!!
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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.