cad chf pair seems to have a strong support .8600
I think it can be bought from thsi value till 0.8650
If it crosses 0.8650...it can furthur touch 0.8700
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cad chf pair seems to have a strong support .8600
I think it can be bought from thsi value till 0.8650
If it crosses 0.8650...it can furthur touch 0.8700
Cad chf is in bearish trend.
We can sell the pair.
Set your take profit of 20 pips.
Happy trading.
it seem 8656 got a strong resistance area.......i think it will go down back again after reach those area and projection will be around 8378 area to complete the down trend but it the price close above the 8656 then it will be a diffrence senario
cad chf pair seems to have a strong support .8600
I think it can be bought from thsi value till 0.8650
If it crosses 0.8650...it can furthur touch 0.8700
May be some trader like to trade in CAD/CHF. I have trade in this pair and don't know more about the movement of this pair. I like to trade with EUR/JPY. This pair have great movement. I think many trader like to trade with this pair. There are many other good pairs available for trading but every trader have their own strategy.
Bearish traders, however, seemed reluctant to place any aggressive bets amid absent relevant market moving economic releases from the US, which might help limit any deeper losses, at least for the time being.
the 0.9590 and the 200-day SMA level of 0.9680 could be their next bets. On the downside, the 0.9365 seem nearby support for the pair prior to retesting the 0.9325-20 support-confluence. It should also be noted that the pair’s D1 close below 0.9320 may again highlight the 0.9290, the 0.9220 and the 0.9190 for Bears to observe.
Trend is sell
Resistances;
>Resistance 1) 1.3350
>Resistance 2) 1.3362
>Resistance 3) 1.3374
Supporting;
>Support 1) 1.3325
>Support 2) 1.3313
>Support 3) 1.3301
cad chf pair seems to have a strong support .8600
I think it can be bought from thsi value till 0.8650
If it crosses 0.8650...it can furthur touch 0.8700
Pivotal Points: 0.7478
Resistance 3: 0.7545
Resistance 2: 0.7526
Resistance 1: 0.7507
Support 1: 0.7459
Support 2: 0.7430
Support 3: 0.7411