ForecastCity_EU
Short

Don't miss the great sell opportunity in CADCHF

FX:CADCHF   Canadian Dollar/Swiss Franc
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.703). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.

Take Profits:
TP1= @ 0.6968
TP2= @ 0.6916
TP3= @ 0.6800

SL: Break Above R2
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Comments

Thank you for your insight.
+1 Reply
@Kristalyn, you're welcome
Reply
Nice chart and Analysis
+1 Reply
@Kamryn, 👍
Reply
Nice chart. Thanks
+1 Reply
ForecastCity_EU Shiva_forex
@Shiva_forex, 👍
Reply
Thank You for sharing!
+1 Reply
ForecastCity_EU sara-kian-fx
Reply
Your BIG PROFIT ROAD MAPs are unique and Excellent!
+1 Reply
ForecastCity_EU sara-kian-fx
@sara-kian-fx, 🌸🌸🌸
Reply
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