ForecastCity

Don't miss the great buy opportunity in CADCHF

Long
FX:CADCHF   Canadian Dollar/Swiss Franc
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6905). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 0.6978
TP2= @ 0.7045
TP3= @ 0.7145

SL= Break below S2

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