CADCHF recently reversed up from the support zone lying between the support level 0.7440 (which earlier reversed multiple downward corrections from September), lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward impulse (1) from the start of August.
The upward reversal from this support area stopped the earlier short-term impulse wave C of the ABC correction (2).
CADCHF is expected to rise further toward the next resistance level 0.7500 (former support from October)
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