Hello everyone, A good opportunity has been detected on the CAD/CHF pair. After strong upward movement on the CAD/CHF, the price found resistance on a downward trendline and on the 200 Moving Average, pulled back and is currently correcting to the downside. We are expecting the price to reach approximately the 0.6845 price level, where we have 2 Fibonacci retracement levels, as well as the 50 Moving Average.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.