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Cad-chf

Don't miss the great buy opportunity in CADCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7315). 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 below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 55. Take Profits: TP1= @ 0.7425 TP2= @ 0.7475 TP3= @ 0.7630 SL= Break below S2
Long
by ForecastCity_EU
Don't miss the great buy opportunity in CADCHFTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.74917). 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 71. Take Profits: TP1= @ 0.76150 TP2= @ 0.77145 TP3= @ 0.78658 SL= @ 0.73500
Long
by ForecastCity_EU
1
CADCHF likely to touch the 0.7400 supportThe pair has been moving in a falling channel pattern for half a month. The prices have completed the re - test of the upper ceiling at 0.74703 and has started to move towards the south, creating an opportunity to short the pair. The expected target for it to reach is, initially at the centre of the channel at 0.73998 (centre line shown by the dotted line). If the prices sustain below this level as well, we might be headed for the next support of 0.73500. The stop loss for the trade will be at 0.7500.
Short
by forexnoobmaster007