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If a M15 close above 0.8800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8550 sell only and do not buy. If price closes back above it again do nothing
The range 0.8800 and 0.8550 is neutral area, any trade done in between is personal decision and not part of this analysis
because of the moving under the level of 0.8800 as we can see from the chart , I think the down trend is still standing and the pair might head to 0.8760 and then 0.8720 how ever the pair made any hourly correction
If a M15 close above 0.8700 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8550 sell only and do not buy. If price closes back above it again do nothing
The range 0.8700 and 0.8550 is neutral area, any trade done in between is personal decision and not part of this analysis
0.8780 is still strong support ,price failed to close under it ,there is moving average simple 55 but if price close under this region we will see further landing on this pair
If a M15 close above 0.8800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8550 sell only and do not buy. If price closes back above it again do nothing
The range 0.8800 and 0.8550 is neutral area, any trade done in between is personal decision and not part of this analysis
the pair and as we can see from the chart is trading now above the level of 0.8800 , and that's will lead the pair to reach 0.8770 and then 0.8740 just if the pair succeeded in breaking the level of 0.8800
the pair and as we can see from the chart has closed it's weekly candle under the level of 0.8850 , so , that's mean the down trend is still standing and the pair is heading to 0.8800 then 0.8750
the trading now above the level of 0.8900 will make the uptrend expected and the pair might continue in it's upmovements heading to 0.8940 and then 0.8970 and that's before bouncing from the resistance levels
CAD/CHF has just completed the Up Channel chart pattern identified by Autochartist on the 240-minute charts. Autochartist rates the overall Quality of this chart pattern at the 7 bar level which is the result of the following values of the contributing Quality
as we can notice from the chart , the pair has stated it's trading week under the level of 0.8850 and that's mean that the down trend is expected for this week and the pair might head to 0.8800 and then 0.8770