ForecastCity_ME
Short

Don't miss the great Sell opportunity in CADCHF

FX:CADCHF   Canadian Dollar/Swiss Franc
Trading suggestion:
. There is a possibility of temporary retracement to suggested resistance line (0.6888). 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 downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.

Take Profits:
TP1= @ 0.6846
TP2= @ 0.6810
TP3= @ 0.6770
TP4= @ 0.6740
TP5= @ 0.6610

SL= Break below R2

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ForecastCity English Support Team ❤️
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Comments

Thank You for sharing!
+1 Reply
@Kristalyn, You got it! 🍀
Reply
Lovely analysis, think this could be a goer!
+1 Reply
@Sir_Ray, Thanks. we're glad you like it. 💎🙏💎
Reply
thanks
+1 Reply
@Kamryn, You're very welcome! 🍀
Reply
Good post. Thanks.
+1 Reply
ForecastCity_ME sara-kian-fx
@sara-kian-fx, You got it! 🍀
Reply
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