– CADCHF reversed from support level 0.6500
– Likely to rise to resistance level 0.6600
CADCHF recently reversed up from the powerful support level 0.6500 (which has reversed the previous impulse waves 3, (5) and (1)).
The upward reversal from the support level 0.6500 runs counter to the active intermediate impulse wave (3).
Given the strength of the support level 0.6500 , CADCHF can be expected to rise further toward the next resistance level 0.6600 (top of the previous wave (2)).
- EURCAD reversed from pivotal support level 1.4900 - Likely to rise to resistance level…
- EURUSD reversed from support level 1.1030 - Likely to rise to resistance level 1.1200…
The unwinding of the carry trade in the FX market continues, with the major safe…
Market Picture The pressure on risk assets continues, pushing the crypto market capitalisation back below…
- AUDUSD reversed from support level 0.6700 - Likely to rise to resistance level 0.6800…
- Gold reversed from support level 2475.00 - Likely to rise to resistance level 2535.00…
This website uses cookies