Cadchfidea
CADCHF potential bounce!
CADCHF expected to reverse up to 1st support at 0.73509 where it could potentially react and bounce to its resistance at 1st resistance at 0.73889.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CADCHF SELL Swissy is looking strong across all pairs, currently having a minor retracement, looking to hop on the continuation downwards for this particular pair. Wait for multiple 4 hr candle body's to close which are showing rejection of the purple zone given. Taking this all the way down to the -61.8.
265 PIP GAIN 9/1 RR
CADCHF approaching resistance, look out for potential reversal!
CADCHF is approaching its resistance at 0.75044 where it is could reverse down to its support at 0.74455.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.