CADCHF recently reversed up from the support area lying between the support level 0.7440 (which has been reversing the price from September), lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse (1) from August.
The upward reversal from this support area stopped the previous short-term impulse wave C.
CADCHF is expected to rise further toward the next resistance level 0.7530 (top of the previous waves (a) and B).
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