CHFHUF At Key Support Zone, can it bounce to 437.900?FOREXCOM:CHFHUF is currently testing a major support area that has previously served as a strong base for bullish reversals. It could become a great potential buying opportunity if buyers confirm control.
I think an upward move toward 437.900 is very plausible. If the support fails to hold, however, further downside might happen.
Be sure to wait for clear confirmation of buyer strength before taking long positions.
