CADCHF recently reversed up from the support area lying between the key support level 0.7380, lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous upward impulse from December.
The upward reversal from this support area stopped the earlier impulse waves 3 and (iii).
Given the oversold daily Stochastic – CADCHF is expected to rise further and retest the next resistance level 0.7430 (previous monthly low from May).
- 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
