We have observed a positive bullish response to an important daily support level on the CADCHF chart.
Following a test of the highlighted blue zone, the price began to consolidate and created a horizontal range on the 4-hour timeframe.
The resistance level was broken, indicating strong buying pressure. As a result, we anticipate a bullish trend continuation, possibly reaching 0.6340.
Following a test of the highlighted blue zone, the price began to consolidate and created a horizontal range on the 4-hour timeframe.
The resistance level was broken, indicating strong buying pressure. As a result, we anticipate a bullish trend continuation, possibly reaching 0.6340.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
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.