Categories: Technical analysis

CADCHF Wave Analysis – 18 November 2025

CADCHF: ⬆️ Buy

– CADCHF reversed from key support level 0.5600

– Likely to rise to resistance level 0.5750

CADCHF currency pair recently reversed from key support level 0.5600 (which stopped the previous impulse wave i in the middle of October, as can be seen from the daily CADCHF chart below) standing near the lower daily Bollinger band.

The upward reversal from the support level 0.5600 created the daily Japanese candlesticks reversal pattern Hammer.

Given the strength of the support level 0.5600 and the strongly bearish Swiss franc sentiment seen today, CADCHF can be expected to rise to the next resistance level 0.5750.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: CADCHF

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