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ForecastCity_EU
Apr 24, 2020 12:49 AM

Don't miss the great buy opportunity in CADCHF Long

Canadian Dollar/Swiss FrancFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6905). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 0.6978
TP2= @ 0.7045
TP3= @ 0.7145

SL= Break below S2
Comments
Kamryn
Good analysis as usual
Kristalyn
Good one...
sara-kian-fx
Nice idea
Best_Forecast
Thanks for sharing this great idea
Best_Forecast
Great analysis so far, keep it up!
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