ForecastCity_ME

💡Don't miss the great sell opportunity in CADCHF

Short
FX:CADCHF   Canadian Dollar/Swiss Franc
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.7039).
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 27.

Take Profits:
TP1= @ 0.7003
TP2= @ 0.6985
TP3= @ 0.6961
TP4= @ 0.6942
TP5= @ 0.6907

SL: Break Above R2

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ForecastCity English Support Team ❤️
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Comments

An absolutely correct strategy that should come with good profits.
+2 Reply
ForecastCity_ME davidgolandak
@davidgolandak, Thank you for your comment. We appreciate it 🌹
+1 Reply