ANALYSIS: CONTINUING TO BUY SWISS FRANC
Buying the Swiss Franc has been our priority over the past couple of weeks as we saw
long contracts from the non-commercials increase significantly from the commitment of trader reports.
CADCHF has recently broken through the key lows and is currently pulling back to the minor resistance zone.
We can see multiple confluences at this point with dynamic resistance from the averages as well as Fibonacci
retracements.
long contracts from the non-commercials increase significantly from the commitment of trader reports.
CADCHF has recently broken through the key lows and is currently pulling back to the minor resistance zone.
We can see multiple confluences at this point with dynamic resistance from the averages as well as Fibonacci
retracements.
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