CADCHF recently reversed down from resistance zone located between the multi-month resistance level 0.7620 (which has been reversing the price from February) and the upper daily Bollinger Band.
The downward reversal from this resistance area created the daily candlesticks reversal pattern Evening Star – which stopped the earlier ABC correction 2 from August.
CADCHF is expected to fall further and retest the next support level 0.7570 (former strong resistance from September and the start of October).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
