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CADCHF on look move near that supply area So, on my simple look here = just be careful if you want to make Buy OP here. The probably price move is still sideways but with look to pullback bearish. So, the better action is search for next nice Sell Op (with using smaller TF) for trade this pair now. I see it's nice idea.
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the most likely scenario
the pair can move up to test the 1st resistance on 0.9785
alternative scenario
the pair can move down to test the 1st support on 0.9755
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The CADCHF on look to be still bulls (till now) = if then price truly can break up to that more strong resistance at price 0.9777. of course I see too that here was formed two bulls candle on yesterday. So, search for nice Buy again here = better idea, I see.
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the most likely scenario
the pair can move up to test the 1st resistance on 0.9760
alternative scenario
the pair can move down to test the 1st support on 0.9720
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signal for bearish is appear i think because this pair can close break level 0.9750 and this pair might goes to level 0.9710 for today,but if price break level 0.9760 this pair will continue for bullish trend and reach level 0.9780...
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CADCHF is touching the support level at 0.9676
Then, if CADCHF can break this support level, this pair may continue the down trend and the next target is at around 0.9624 as the next support level of CADCHF.
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CADCHF has been rejected by the resistance level at 0.9731. Now, CADCHF is moving near the support level at 0.9676.
Then, if CADCHF can break this support level, CADCHF may fall today and the next target is at 0.9624 as the next support level of CADCHF
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From the shown H4 chart i think the pair couldn't break the bullish trend shown , so i think the pair will continue again in bullish direction and i suggest buying now near this trend with a small stop lose below it ,
Attachment 3554
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I think CADCHF will try to reach the resistance level at 0.9789
Then, if CADCHF can break that resistance level, CADCHF may continue going up to the next resistance level at 0.9841
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1 Attachment(s)
A pair of CAD / CHF continues to grow, there is a fastening above the resistance level of 0.9820 and a very strong closing of the trading week at maximum, so that buyers continue to drive the price of the top ... I think if broken 0.9860 will see a new wave of growth as the front of the emptiness ..