• CADCHF reversed from support zone
• Likely to rise to 0.7000
CADCHF today reversed up from the support zone located between the pivotal support level 0.6900 (which has been reversing the price from May), lower daily Bollinger band and the 50% Fibonacci correction of the previous impulse wave (1).
The upward reversal from this support zone stopped the previous medium-term ABC correction (2).
Given the strength of the bearish Swiss franc sentiment seen today – CADCHF is likely to rise further toward the next round resistance level 0.7000.
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies