Thread: Cad/Chf
CADCHF is moving in bearish movement now. Then, if I see the last candle, I think the bearish movement will continue today. I think CADCHF will touch the 0.9506 support level today, then if CADCHF can break that support level, this pair may continue the down trend to the lower support level at 0.9459
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Bindas36 (2020-03-01)
From the shown H4 chart , i think after the strong bearish direction in the past few hours , the price became near to the bullish trend shown , so i think we will have a great chance to buy near this level as it is expected from this trend to reject the price into upward direction again ,
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Bindas36 (2020-03-01)
we have a resistance level on the daily chart @23.6% so i predict that this pair will move downward on the short term and i suggest selling this pair our target point will be@38.2%.
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Bindas36 (2020-03-01)
trend now is strongly bullish
resistance 1 :0.9775
resistance 2 : 0.9799
pivot points : 0.9691
support 1 :0.9667
support 2 : 0.9643
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Bindas36 (2020-03-01)
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Bindas36 (2020-03-01)
CADCHF in a signal, which is operating under conditions very clear bullish market, the market retraced back and with significant upward pressure pattern gathi
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Bindas36 (2020-03-01)
CAD / CHF finds it difficult to close under 23 fib levels at 0.9668 if unable to close beneath it is likely that the pair back tomorrow for the rise
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Bindas36 (2020-03-01)
i think that we have a very good chance to buy CADCHF now as we have a support level on the daily level@23.6% so i predict that this pair will move upward on the short term our target point will be@0%.
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Bindas36 (2020-03-01)
I believe that the level of 0.9660 will be very important in terms of the continuation of further movement, creating divergence pair slightly rolled back, if the 0.9660 the pair will stand a chance to lateral movement and then maybe at the breakdown to the north ... if not then I think the trend will show up on the southern felt and go even lower 0.9600 ...
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Bindas36 (2020-03-01)
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Bindas36 (2020-03-01)
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