CADCHF approaching support, potential for a bounce!
CADCHF is expected to drop to 1st support at 0.74864 where it could potentially react off and up to 1st resistance at 0.75371.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Cadchfforecast
CADCHF approaching support, potential for a bounce!
CADCHF is expected to drop to 1st support at 0.74872 where it could potentially react off and up to 1st resistance at 0.75281.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF approaching resistance, look out for potential reversal!
CADCHF is approaching its resistance at 0.75410 where it is could reverse down to its support at 0.75080.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF approaching support, potential for a bounce!
CADCHF is expected to drop to 1st support at 0.74873 where it could potentially react off and up to 1st resistance at 0.75265.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF(WEEKLY FORECAST): SHORT RUN IS SUSPECTED!0.79500/0.78700 zone - Major resistance respected since the impulsive move in January 2015 and since May 2018, the price has been going below this resistance.
This indicates that demand is dropping.
There will be publications in lower time frames soon as the reaction of price is been monitored.
Cad/Chf Hour 4! Broken Support Turns ResistanceAgain, Many Pairs are moving The Same Way! We see that Cad/Chf Broke Support, Retested, And should now move down to the next area!
I wanted to also use a Fib Retracement on this pair just to show you how price literally bounced off of every retracement level! (See The Yellow Arrows)
So I Fully Expect Price to fall at least until the next area!