the CADCHF broke the Trendline and retested it. now it is following a clearly downside movement to make an. double bottom togo bullish again. this downside movement is just a retracement for the current level.
after 74.000 CadChf will rise again. to a target of 0.79. mason for this is that I believe that CAD has scope a strengthen further, extending its recent recovery. and this in contrast with the CHF where the SNB is dovish about their monetary plan.
after 74.000 CadChf will rise again. to a target of 0.79. mason for this is that I believe that CAD has scope a strengthen further, extending its recent recovery. and this in contrast with the CHF where the SNB is dovish about their monetary plan.