CADCHF is currently trading close to the key support area lying between the support level 0.7400 (which stopped the previous impulse wave (1)), lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous ABC correction from August to November.
The price earlier reversed up sharply from the support level 0.7400 – signalling the strength of this price level.
CADCHF is likely to correct up from the current levels toward the next resistance level 0.7485 (top of the previous waves 2 and (ii)).
- 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
