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USD-CHF testing resistance; possible reversal?
USDCHF
, 60
Short
USDCHF: USD-CHF testing resistance; possible reversal?

USD-CHF is testing its resistance where a reversal could occur. Sell below 0.9956. Stop loss at 0.9994. Take profit at 0.9917. Reason for the trading strategy (technically): USD-CHF is testing its resistance at 0.9956 (100% Fibonacci extension, 23.6 % Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.9917 (horizontal...

EUR-CAD reversed from resistance, possible further drop
EURCAD
, 60
Short
EURCAD: EUR-CAD reversed from resistance, possible further drop

EUR-CAD reversed off its resistance: a further drop is expected. Sell below 1.5113. Stop loss at 1.5201. Take profit at 1.5017. Reason for the trading strategy (technically): EUR-CAD reversed off its resistance at 1.5113 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support...

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