CADCHF finally breaking?
Been following CADCHF for several months now, as Daily chart showing big consolidation volume box thats bound to break.
Over the last couple months alone, price has been rejected above 0.6990 many times.
Will this be the time we finally get follow through.
This week has started with strong demand, pushing price higher with little pullbacks (was hoping for an IHS to form). Looking at that 0.6990/0.6980 level to hold for bullish bias to play out.
Targets here are Jan highs first, but looking at the daily, expecting much bigger move to the upside.
Watch & see how this plays out.
Over the last couple months alone, price has been rejected above 0.6990 many times.
Will this be the time we finally get follow through.
This week has started with strong demand, pushing price higher with little pullbacks (was hoping for an IHS to form). Looking at that 0.6990/0.6980 level to hold for bullish bias to play out.
Targets here are Jan highs first, but looking at the daily, expecting much bigger move to the upside.
Watch & see how this plays out.
Related publications
Disclaimer
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.